https://www.taxtmi.com/caselaws?id=209700 The court determined that the transactions between the assessee and TPL constituted contracts for manufacturing rather than contracts for the sale of goods. Consequently, Section 194C of the Income Tax Act was deemed applicable, requiring the assessee to deduct tax at the source. The court overturned the decisions of the Appellate Commissioner and the Tribunal, reinstating the Assessing Authority's order that correctly applied Section 194C and calculated the interest payable under Section 201(1A). The Revenue's appeal was granted, with each party responsible for its own costs. en-us Thu, 05 Jan 2012 00:00:00 +0530 Mon, 05 Mar 2012 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209700 The court determined that the transactions between the assessee and TPL constituted contracts for manufacturing rather than contracts for the sale of goods. Consequently, Section 194C of the Income Tax Act was deemed applicable, requiring the assessee to deduct tax at the source. The court overturned the decisions of the Appellate Commissioner and the Tribunal, reinstating the Assessing Authority's order that correctly applied Section 194C and calculated the interest payable under Section 201(1A). The Revenue's appeal was granted, with each party responsible for its own costs. Case-Laws Income Tax Thu, 05 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209700