https://www.taxtmi.com/caselaws?id=120169 The Tribunal ruled in favor of the appellant, a cooperative society, in a case involving the purchase of packing materials. It held that the transactions were contracts for sale, not works contracts, and therefore, Section 194C of the Income-tax Act did not apply. As a result, the appellant was not deemed an assessee-in-default for non-deduction of tax at source, and interest under Section 201(1A) was not levied. The Tribunal overturned the decision of the CIT(A) and allowed the appeals in favor of the appellant. en-us Fri, 19 May 2006 00:00:00 +0530 Tue, 17 Jul 2012 13:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120169 The Tribunal ruled in favor of the appellant, a cooperative society, in a case involving the purchase of packing materials. It held that the transactions were contracts for sale, not works contracts, and therefore, Section 194C of the Income-tax Act did not apply. As a result, the appellant was not deemed an assessee-in-default for non-deduction of tax at source, and interest under Section 201(1A) was not levied. The Tribunal overturned the decision of the CIT(A) and allowed the appeals in favor of the appellant. Case-Laws Income Tax Fri, 19 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120169