https://www.taxtmi.com/caselaws?id=183022 Transport charges for single-trip carriage arranged through intermediaries did not attract tax deduction at source where no direct contract existed between the payer and transporters; each goods receipt was treated as a separate contract, so disallowance for non-deduction was deleted. Interest paid on deposits by a resident partner in an individual capacity remained subject to tax deduction at source. Partner status in another capacity did not create an exemption; failure to deduct tax resulted in disallowance of the interest expenditure. The transport-charge claim succeeded, while the interest disallowance and consequential levy issues remained sustained. en-us Fri, 18 Sep 2009 00:00:00 +0530 Thu, 26 May 2016 12:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183022 Transport charges for single-trip carriage arranged through intermediaries did not attract tax deduction at source where no direct contract existed between the payer and transporters; each goods receipt was treated as a separate contract, so disallowance for non-deduction was deleted. Interest paid on deposits by a resident partner in an individual capacity remained subject to tax deduction at source. Partner status in another capacity did not create an exemption; failure to deduct tax resulted in disallowance of the interest expenditure. The transport-charge claim succeeded, while the interest disallowance and consequential levy issues remained sustained. Case-Laws Income Tax Fri, 18 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183022