https://www.taxtmi.com/caselaws?id=212369 The Tribunal held that the provisions of section 194C of the Income Tax Act did not apply to the assessee, a business engaged in manufacturing and selling cycles and spare parts, for payments made to suppliers for packing materials and printing & stationery. The Tribunal determined that the transactions were sales contracts, not works contracts, based on the payment of excise duty and sales tax by the vendors. Consequently, the Tribunal dismissed the Revenue's appeal against the CIT(A)'s order, affirming that TDS deduction was not required in this case. en-us Mon, 23 May 2011 00:00:00 +0530 Wed, 11 Apr 2012 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212369 The Tribunal held that the provisions of section 194C of the Income Tax Act did not apply to the assessee, a business engaged in manufacturing and selling cycles and spare parts, for payments made to suppliers for packing materials and printing & stationery. The Tribunal determined that the transactions were sales contracts, not works contracts, based on the payment of excise duty and sales tax by the vendors. Consequently, the Tribunal dismissed the Revenue's appeal against the CIT(A)'s order, affirming that TDS deduction was not required in this case. Case-Laws Income Tax Mon, 23 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212369