Legal ownership of Transport Vehicle is not required for Sec 194C TDS deduction: ITAT [Read Order]

Legal - Transport Vehicle - Sec 194C TDS deduction - ITAT - taxscan

Jodhpur Bench of Income Tax Appellate Tribunal ( ITAT ), ruled that in a cases where a declaration under Section 194C(6) and a PAN are received from payees who possess a vehicle even though they are not registered owners, the legal owner is exempt from TDS under Section 194C. The assessee, Adhunik Khanan VA Parivahan Theka Sahakari…

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