Interpretation of wiord "contract"
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 November 2013
How we should interpret the word CONTRACT for the purpose of sec 194 c of Income tax Act 1961
15 November 2013
One of the judgement, but unfortunately i don't remember, states that, if mannaul work applies, it will comes under 194c. If work relates to the skill, professional knlowledge etc, it comes under 194j.
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