Truck owner Registration number not relevant to decide Section 194C applicability

Sri. Shivamurthy Vs Add.CIT (Karnataka High Court) The action of the revenue in denying the deduction under Section 40 (a) (ia) of the Act on the premise that the aggregate of the truck amount paid by the assessee with the different truck drivers was exceeding Rs.50,000/-cannot be countenanced as the contract cannot be with the trucks, it is with the personnel/driver of the truck/truck operators. The whole attempt made by the revenue to bring the assessee under the ambit of Section 194 C of the Act to deny the deduction under Section 40(a) (ia) of the Act is not supported by the material evide...