https://www.taxtmi.com/caselaws?id=65385 The dominant issue was whether payments made for supply of printed/customised material attracted TDS as "work" under s. 194C, thereby justifying liability under ss. 201/201(1A) and allied penalty. The Tribunal held that, on the facts, the arrangement was a transaction of sale and purchase: goods were manufactured and supplied as products, without a continuing works contract, and mere manufacture to specifications did not convert the supply into a contract for work. Reliance was placed on CBDT Circular No. 715 (limited to printed material in specified circumstances) and relevant precedent distinguishing sales from works contracts. Consequently, the deletion of the demands/penalty was upheld and the Revenue's appeals were dismissed. en-us Fri, 16 Sep 2005 00:00:00 +0530 Thu, 08 Jan 2026 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65385 The dominant issue was whether payments made for supply of printed/customised material attracted TDS as "work" under s. 194C, thereby justifying liability under ss. 201/201(1A) and allied penalty. The Tribunal held that, on the facts, the arrangement was a transaction of sale and purchase: goods were manufactured and supplied as products, without a continuing works contract, and mere manufacture to specifications did not convert the supply into a contract for work. Reliance was placed on CBDT Circular No. 715 (limited to printed material in specified circumstances) and relevant precedent distinguishing sales from works contracts. Consequently, the deletion of the demands/penalty was upheld and the Revenue's appeals were dismissed. Case-Laws Income Tax Fri, 16 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65385