https://www.taxtmi.com/caselaws?id=237544 The Court ruled in favor of the assessee, holding that Section 194-I of the Income Tax Act was not applicable to the hiring of vehicles in this case. It was determined that tax should be deducted under Section 194-C for payments made to transporters, rather than under Section 194-I. The Court also clarified that the definition of 'plant' under Section 43(3) did not extend to tax deduction purposes, ultimately dismissing the Income Tax Appeals and upholding the Tribunal's decision without finding any error of law. en-us Thu, 12 Sep 2013 00:00:00 +0530 Mon, 30 Sep 2013 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237544 The Court ruled in favor of the assessee, holding that Section 194-I of the Income Tax Act was not applicable to the hiring of vehicles in this case. It was determined that tax should be deducted under Section 194-C for payments made to transporters, rather than under Section 194-I. The Court also clarified that the definition of 'plant' under Section 43(3) did not extend to tax deduction purposes, ultimately dismissing the Income Tax Appeals and upholding the Tribunal's decision without finding any error of law. Case-Laws Income Tax Thu, 12 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237544