https://www.taxtmi.com/forum/issue?id=4292 TDS on payments for supply of articles made to prescribed specifications applies only where the arrangement is a works contract (fabrication or manufacture) and not where the transaction is a contract for sale in which property in the fabricated article passes to the purchaser on delivery; the CBDT clarifies that the contract's substantive character-allocation of property rights, timing of transfer, and contractual terms-must be examined before applying the TDS provisions. en-us Tue, 26 Jun 2012 13:00:21 +0530 Thu, 23 Jan 2025 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4292 TDS on payments for supply of articles made to prescribed specifications applies only where the arrangement is a works contract (fabrication or manufacture) and not where the transaction is a contract for sale in which property in the fabricated article passes to the purchaser on delivery; the CBDT clarifies that the contract's substantive character-allocation of property rights, timing of transfer, and contractual terms-must be examined before applying the TDS provisions. Discussion-Forum Income Tax Tue, 26 Jun 2012 13:00:21 +0530 https://www.taxtmi.com/forum/issue?id=4292