https://www.taxtmi.com/caselaws?id=249210 The ITAT dismissed the revenue's appeals, affirming the CIT (A)'s decision and relieving the assessee from alleged shortfall and interest charges under sections 201(1) and 201(1A). The judgment clarified the distinction between hiring of vehicles and transportation contracts, emphasizing the applicability of section 194C for tax deduction on payments made for transportation services. The consistent interpretation by the ITAT and reliance on relevant legal provisions and precedents supported the decision in favor of the assessee. en-us Tue, 24 Jun 2014 00:00:00 +0530 Tue, 08 Jul 2014 08:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249210 The ITAT dismissed the revenue's appeals, affirming the CIT (A)'s decision and relieving the assessee from alleged shortfall and interest charges under sections 201(1) and 201(1A). The judgment clarified the distinction between hiring of vehicles and transportation contracts, emphasizing the applicability of section 194C for tax deduction on payments made for transportation services. The consistent interpretation by the ITAT and reliance on relevant legal provisions and precedents supported the decision in favor of the assessee. Case-Laws Income Tax Tue, 24 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249210