https://www.taxtmi.com/caselaws?id=119860 The Tribunal held that the services provided by the Clearing and Forwarding Agents (C&FA) to the assessee constituted "work" under section 194C of the Income-tax Act, 1961, rather than "managerial services" under section 194J. Consequently, the tax deduction at source made by the assessee under section 194C was deemed appropriate. The Tribunal rejected the lower authorities' application of section 194J and ruled that the assessee was not in default for the tax deduction under section 194C. The appeals of the assessee were allowed for the assessment years 2000-01 to 2003-04. en-us Fri, 13 Oct 2006 00:00:00 +0530 Mon, 19 Feb 2024 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119860 The Tribunal held that the services provided by the Clearing and Forwarding Agents (C&FA) to the assessee constituted "work" under section 194C of the Income-tax Act, 1961, rather than "managerial services" under section 194J. Consequently, the tax deduction at source made by the assessee under section 194C was deemed appropriate. The Tribunal rejected the lower authorities' application of section 194J and ruled that the assessee was not in default for the tax deduction under section 194C. The appeals of the assessee were allowed for the assessment years 2000-01 to 2003-04. Case-Laws Income Tax Fri, 13 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119860