https://www.taxtmi.com/article/detailed?id=95 The dispute concerned whether warehousing/cooling charges attract Section 194I (rent) or Section 194C (contractual payments), and whether tax shortfall and interest under Section 201(1A) could be recovered from the deductor after the payee had paid tax. The Tribunal, on rectification, held tax could not be recovered again since the payee had paid tax; the Department did not challenge the recall, and the Supreme Court upheld that conclusion in light of a CBDT circular, while noting interest and penalty liabilities remain until taxes are paid and leaving undecided the broader question on the tribunal's power to reopen orders by rectification. en-us Sun, 04 May 2008 00:00:00 +0530 Sat, 01 Jan 2011 13:22:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=95 The dispute concerned whether warehousing/cooling charges attract Section 194I (rent) or Section 194C (contractual payments), and whether tax shortfall and interest under Section 201(1A) could be recovered from the deductor after the payee had paid tax. The Tribunal, on rectification, held tax could not be recovered again since the payee had paid tax; the Department did not challenge the recall, and the Supreme Court upheld that conclusion in light of a CBDT circular, while noting interest and penalty liabilities remain until taxes are paid and leaving undecided the broader question on the tribunal's power to reopen orders by rectification. Articles Income Tax Sun, 04 May 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=95