https://www.taxtmi.com/caselaws?id=214600 The Tribunal ruled in favor of the assessee, determining that the contracts for the supply of machinery and services were separate and not composite work contracts. Therefore, TDS under Section 194C was not applicable to the supply part, and the assessee was not liable under Section 201(1) or for interest under Section 201(1A). The decision was based on a detailed analysis of the contracts, emphasizing the primary intention of the transactions and citing precedents from similar cases. en-us Fri, 25 May 2012 00:00:00 +0530 Sat, 30 Jun 2012 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214600 The Tribunal ruled in favor of the assessee, determining that the contracts for the supply of machinery and services were separate and not composite work contracts. Therefore, TDS under Section 194C was not applicable to the supply part, and the assessee was not liable under Section 201(1) or for interest under Section 201(1A). The decision was based on a detailed analysis of the contracts, emphasizing the primary intention of the transactions and citing precedents from similar cases. Case-Laws Income Tax Fri, 25 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214600