https://www.taxtmi.com/caselaws?id=255303 A corporation constituted under a State Act was liable to deduct tax at source under section 35 of the Uttarakhand Value Added Tax Act, 2005 on payments for hiring buses, because the provision applies to agreements transferring the right to use goods at the prescribed rate. Its status as such a body did not exempt it from the deduction obligation, and its own request for exemption from the tax regime supported that conclusion. The Tribunal had already reduced the penalty, and no substantial question of law was shown to warrant interference in revision. The liability to deduct tax at source was therefore upheld. en-us Tue, 09 Dec 2014 00:00:00 +0530 Fri, 10 Jun 2016 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255303 A corporation constituted under a State Act was liable to deduct tax at source under section 35 of the Uttarakhand Value Added Tax Act, 2005 on payments for hiring buses, because the provision applies to agreements transferring the right to use goods at the prescribed rate. Its status as such a body did not exempt it from the deduction obligation, and its own request for exemption from the tax regime supported that conclusion. The Tribunal had already reduced the penalty, and no substantial question of law was shown to warrant interference in revision. The liability to deduct tax at source was therefore upheld. Case-Laws VAT and Sales Tax Tue, 09 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255303