https://www.taxtmi.com/caselaws?id=237212 The Tribunal determined that the supply contract was a "Contract for sale" rather than a "Contract for works and labour." Consequently, the assessee was not obligated to deduct tax at source under section 194C for payments related to the machinery supply. As a result, the assessee could not be considered in default under section 201. The Tribunal overturned the decisions of the CIT(A) and the Assessing Officer, leading to the removal of demands raised under sections 201(1) and 201(1A), and ruled in favor of the assessee in all appeals. en-us Mon, 22 Jul 2013 00:00:00 +0530 Sat, 28 Mar 2015 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237212 The Tribunal determined that the supply contract was a "Contract for sale" rather than a "Contract for works and labour." Consequently, the assessee was not obligated to deduct tax at source under section 194C for payments related to the machinery supply. As a result, the assessee could not be considered in default under section 201. The Tribunal overturned the decisions of the CIT(A) and the Assessing Officer, leading to the removal of demands raised under sections 201(1) and 201(1A), and ruled in favor of the assessee in all appeals. Case-Laws Income Tax Mon, 22 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237212