Case law

This query is : Resolved

Renuka Gowthami M (Querist)
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30 November 2009 Dear Sir/Madam,

Kindly give me a link or the contents of the following case:

[2009] 124 TTJ 970: Mythri Transport Corporation Vs ACIT ( Visakhapatnam - ITAT)

Regards
Renu

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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03 December 2009 Whether the vehicles hired by the assessee in execution of the transport contract can be termed as a "Sub-contractâ€ and consequently the assessee is liable to deduct tax from the payment made for such vehicles u/s 194C(2) of the Act-the assessee is not liable to deduct tax at source, as per the provisions of section 194C(2), on the payments made to the lorry owners for lorry hire. Consequently, the provisions of section 40(a)(ia) shall not apply to such payments