https://www.taxtmi.com/caselaws?id=260550 Payments made to the Punjab Water Supply and Sewerage Board for sewerage and water-supply works were held not to be payments made in pursuance of a contract. The Tribunal found that the liability arose from a statutory obligation under section 24(1) of the Punjab Water Supply and Sewerage Board Act, 1976, under which the Board initially incurred the cost and recovered it from the local authority in the prescribed manner. As section 194C applies only where there is a contract, express or implied, the statutory payment did not attract tax deduction at source. The demands raised under sections 201(1) and 201(1A) were accordingly quashed. en-us Wed, 10 Jun 2015 00:00:00 +0530 Tue, 16 Jun 2015 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260550 Payments made to the Punjab Water Supply and Sewerage Board for sewerage and water-supply works were held not to be payments made in pursuance of a contract. The Tribunal found that the liability arose from a statutory obligation under section 24(1) of the Punjab Water Supply and Sewerage Board Act, 1976, under which the Board initially incurred the cost and recovered it from the local authority in the prescribed manner. As section 194C applies only where there is a contract, express or implied, the statutory payment did not attract tax deduction at source. The demands raised under sections 201(1) and 201(1A) were accordingly quashed. Case-Laws Income Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260550