https://www.taxtmi.com/caselaws?id=238764 The court concluded that the contract for the supply of sachets was a sale and not a "works contract" as defined under section 194C(7)(iv). It was determined that TDS deduction was not required for the supply of customized products meeting specific specifications. The court emphasized the retrospective nature of the amendment to the definition of "work" and dismissed the appeals filed by the Revenue, highlighting the importance of analyzing legal provisions, circulars, and precedents in determining the nature of contracts for tax purposes. en-us Wed, 05 Sep 2012 00:00:00 +0530 Thu, 31 Oct 2013 07:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238764 The court concluded that the contract for the supply of sachets was a sale and not a "works contract" as defined under section 194C(7)(iv). It was determined that TDS deduction was not required for the supply of customized products meeting specific specifications. The court emphasized the retrospective nature of the amendment to the definition of "work" and dismissed the appeals filed by the Revenue, highlighting the importance of analyzing legal provisions, circulars, and precedents in determining the nature of contracts for tax purposes. Case-Laws Income Tax Wed, 05 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238764