In the result, the appeal of the assessee and the revenue are disposed off with above directions
TDS has been deducted by RIICO. Contrary to assessee’s claim, this in fact shows that the assessee was awarded work contract by the RIICO. Therefore, assessee cannot claim that no work from RIICO was awarded to the assessee and the pool payments made are just estimations and not actual payments. ii) The assessee’s explanation regarding