https://www.taxtmi.com/caselaws?id=216955 The ITAT upheld the decision of the Learned CIT(Appeals) and dismissed the revenue's appeals. It was determined that the contract for hiring buses was a service contract for transportation, not a lease of plant and machinery. The judgment emphasized that TDS should be deducted under sec. 194C, not sec. 194(1), based on the nature of the contract and relevant legal provisions. en-us Fri, 27 Jul 2012 00:00:00 +0530 Tue, 11 Sep 2012 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216955 The ITAT upheld the decision of the Learned CIT(Appeals) and dismissed the revenue's appeals. It was determined that the contract for hiring buses was a service contract for transportation, not a lease of plant and machinery. The judgment emphasized that TDS should be deducted under sec. 194C, not sec. 194(1), based on the nature of the contract and relevant legal provisions. Case-Laws Income Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216955