https://www.taxtmi.com/caselaws?id=343527 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision that section 194C of the Income Tax Act did not apply to the sale transactions of printed packing material, deeming them exempt from TDS obligations. It was determined that the transactions constituted a 'contract for sale,' not 'work,' thus disallowing the Assessing Officer's expenditure disallowance for non-deduction of TDS. The Tribunal dismissed the Revenue's appeal, emphasizing the distinction between 'work' and 'sale' contracts under the Income Tax Act. en-us Mon, 08 May 2017 00:00:00 +0530 Wed, 24 May 2017 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343527 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision that section 194C of the Income Tax Act did not apply to the sale transactions of printed packing material, deeming them exempt from TDS obligations. It was determined that the transactions constituted a 'contract for sale,' not 'work,' thus disallowing the Assessing Officer's expenditure disallowance for non-deduction of TDS. The Tribunal dismissed the Revenue's appeal, emphasizing the distinction between 'work' and 'sale' contracts under the Income Tax Act. Case-Laws Income Tax Mon, 08 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343527