https://www.taxtmi.com/caselaws?id=220319 The ITAT dismissed the revenue's appeal, upholding that chit dividends do not constitute interest and are not subject to TDS under Section 194A. It also affirmed that the purchase of printed materials did not involve works contracts and thus did not attract TDS under Section 194C. Additionally, it upheld the deletion of the demand for TDS on advertisement charges but confirmed the interest liability under Section 201(1A). en-us Fri, 07 Dec 2012 00:00:00 +0530 Fri, 05 Jul 2013 16:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220319 The ITAT dismissed the revenue's appeal, upholding that chit dividends do not constitute interest and are not subject to TDS under Section 194A. It also affirmed that the purchase of printed materials did not involve works contracts and thus did not attract TDS under Section 194C. Additionally, it upheld the deletion of the demand for TDS on advertisement charges but confirmed the interest liability under Section 201(1A). Case-Laws Income Tax Fri, 07 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220319