https://www.taxtmi.com/caselaws?id=251522 The High Court ruled in favor of the assessee, holding that they were not liable to deduct tax under Section 194-I for the amount paid as hiring charges on plant and machinery. The court found that the agreement specifically pertained to machinery use and excluded payment for land and building. Therefore, the assessee's obligation to deduct tax did not extend to the amount paid for plant and machinery only. As a result, the appeal filed by the Department was dismissed. en-us Fri, 22 Aug 2014 00:00:00 +0530 Wed, 17 Sep 2014 15:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251522 The High Court ruled in favor of the assessee, holding that they were not liable to deduct tax under Section 194-I for the amount paid as hiring charges on plant and machinery. The court found that the agreement specifically pertained to machinery use and excluded payment for land and building. Therefore, the assessee's obligation to deduct tax did not extend to the amount paid for plant and machinery only. As a result, the appeal filed by the Department was dismissed. Case-Laws Income Tax Fri, 22 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251522