Tds under sec 194c

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 December 2013 One of our client is running rice mill in the Ass.Year 2009-2010 he hired truck from the Subcontractor having two trucks, the client could not deduct TDS by applying circular No. 3/2006 Dated 27.02.2006 & by following the provisions of sec.194(c) subsection 3, However the Assessing Officer disallowance the claim on the basis that our client is not contractor engaged in Business of plying, Hiring, leasing goods carriage infact he is rice miller. Our client has complied for all the formalities like for 15-I, 15-J. Our question is –
(1) Under Sec. 194C whether the contractor includes our client who is proprietary from & Rice Miller. If Yes, then how & why.
(2) Whether our contractor is correct that under subsection 3 of 194C, Our client is not required to deduct Tax at source.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
20 December 2013 1.Yes 194C is appplicable refer sec 194C(6)

2. Refer sec 194C (6)
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 December 2013 but assessing officer is saying that ricre miller is not a contractor
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
20 December 2013 Then show him the above provision.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 December 2013 he knows all the provisions but he is saying that prove that ur client is a contractor as per the provisions of sec 194c
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
21 December 2013 then prove that he is covered by definition of works contract then automatically your client will be contractor.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

budget 26-27


Answer Query



Quick Links



Browse by Category