Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023
194C applies only to labour contract and not to a composite contract of construction of an infrastructure facility. 3 IT(SS)A No.77 & ITA Nos.320,296,88, 141,89,142,13/CTK/2023 &CO No.02/CTK/2023 3. The Ld. CIT(A) was not correct in holding that the infrastructure facility executed by the assessee (Contractor) can be considered to be owned