https://www.taxtmi.com/caselaws?id=265470 The ITAT dismissed the Revenue's appeal, affirming that the TDS liability was rightly under section 194C, thus negating the need for interest levy under section 201(1A). The judgment clarified the distinction between technical services and contract work in TDS deductions, emphasizing the specific nature of services provided under the agreement to determine the appropriate tax deduction section. The decision highlighted the importance of analyzing the agreement terms and the actual services rendered for correct tax treatment, leading to the dismissal of the Revenue's appeal on the interest levy issue. en-us Fri, 18 Sep 2015 00:00:00 +0530 Mon, 12 Oct 2015 06:12:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265470 The ITAT dismissed the Revenue's appeal, affirming that the TDS liability was rightly under section 194C, thus negating the need for interest levy under section 201(1A). The judgment clarified the distinction between technical services and contract work in TDS deductions, emphasizing the specific nature of services provided under the agreement to determine the appropriate tax deduction section. The decision highlighted the importance of analyzing the agreement terms and the actual services rendered for correct tax treatment, leading to the dismissal of the Revenue's appeal on the interest levy issue. Case-Laws Income Tax Fri, 18 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265470