ITAT deletes TDS demand against Resident Transporter of goods as Payment was less than Threshold Limit [Read Order]

ITAT - TDS - Resident Transporter- Payment - Threshold Limit-TAXSCAN

The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has deleted the Tax Deducted at Source (TDS) demand against resident transporter of goods as payment was less than the threshold limit. The assessee, Air Transport Corporation (Assam) Pvt.Ltd being resident corporate assessee was stated to be engaged in transport of goods. An assessment was made…

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