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| The Tax Publishers2019 TaxPub(DT) 2304 (Del-Trib) INCOME TAX ACT, 1961
Section 194C
As assessee had furnished PAN of all the transport contractors there was sufficient compliance of sub-section (6) of section 194C and hence, freight payments made to transport contractors without TDS could not be disallowed.
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Tax deduction at source - Under section 194C - Payment made to transport contractors without TDS - Assessee furnished PAN of transport contractors
Assessee company, engaged in manufacturing and trading of chemicals, claimed deduction of freight expenses paid to various transport contractors, AO disallowed deduction for want of TDS under section 194C. Held: Assessee had furnished PAN of all the transport contractors and accordingly, there was sufficient compliance of sub-section (6) of section 194C and therefore, disallowance was deleted.
REFERRED :
FAVOUR : In assessee's favour.
A.Y. : 2011-12
INCOME TAX ACT, 1961
Section 14A Rule 8D
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