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.
ITAT Kolkata - Income tax appellate tribunal - Section 194C - Income tax - taxscan

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…

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