Section 194C is not applicable on payments made by assessee Unless a charge is being determined: ITAT [Read Order]
Section 194C of the Income Tax Act,1961 is not applicable on the payments made by the assessee unless a charge is being determined, ruled Kolkata ITAT.
By Aparna. M - On May 21, 2024 6:13 am - 2 mins read
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) ruled that Section 194C of the Income Tax Act,1961 is not applicable on the payments made by the assessee unless a charge is being determined. The Assessee RSD Natural Resources Private Ltd after filing the return of income assessee case was selected for scrutiny.Thereafter the assessing…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
