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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2010 Sir,
A person consumes petrol for his own personal car and factory purpose from a same dealer again and again. His total purchase for the year is around 20 lakhs. all petrol is purchased from the same dealer..
will Sec 194c be applicable on this.

please suggest...

Thank You
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
25 May 2010 No.

194C is not applicable on transaction of purchase and sale.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
25 May 2010 AGREE
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
25 May 2010 not applicable
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
25 May 2010 Agree, not applicable.

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