https://www.taxtmi.com/caselaws?id=121442 The Tribunal ruled that the transactions between the assessee and the entrepreneurs for producing VCDs/DVDs were contracts for sale, not work contracts under Section 194C. As a result, the assessee was not liable for tax deduction at source or interest under Section 201(1A). The Tribunal found that the entrepreneurs bore the costs, risks, and responsibilities of production, and the property in the goods passed to the assessee only upon delivery, indicating a sale of goods rather than a work contract. en-us Tue, 05 May 2009 00:00:00 +0530 Mon, 30 Jul 2012 16:53:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121442 The Tribunal ruled that the transactions between the assessee and the entrepreneurs for producing VCDs/DVDs were contracts for sale, not work contracts under Section 194C. As a result, the assessee was not liable for tax deduction at source or interest under Section 201(1A). The Tribunal found that the entrepreneurs bore the costs, risks, and responsibilities of production, and the property in the goods passed to the assessee only upon delivery, indicating a sale of goods rather than a work contract. Case-Laws Income Tax Tue, 05 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121442