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By-product retained by miller couldn't be considered as payment for milling of paddy

December 5, 2018[2018] 100 28 (Chandigarh - Trib.)

IT: Where assessee procurement agency which procured paddy entered into an agreement with a miller for milling paddy for consideration of certain cash amount and as per agreement, by-product arising from process of milling was property of miller, such by-product retained by miller did not constitute a payment of consideration for work of milling of paddy and, thus, assessee was only liable to deduct TDS on cash consideration paid for milling work
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