https://www.taxtmi.com/caselaws?id=9486 The Tribunal ruled in favor of the assessee, a Tamil Nadu Government Undertaking, in a case involving the interpretation of section 194C of the Income-tax Act. The Tribunal held that the contract for hiring ships did not fall under the purview of section 194C, as it was a mere hire agreement for the temporary possession and use of ships for business purposes, not a contract for carrying out work. The Tribunal dismissed the Revenue's appeal, finding no error in the lower authorities' decisions and concluding that no substantial question of law warranted the court's consideration. en-us Fri, 20 Jan 2006 00:00:00 +0530 Tue, 23 Jun 2009 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9486 The Tribunal ruled in favor of the assessee, a Tamil Nadu Government Undertaking, in a case involving the interpretation of section 194C of the Income-tax Act. The Tribunal held that the contract for hiring ships did not fall under the purview of section 194C, as it was a mere hire agreement for the temporary possession and use of ships for business purposes, not a contract for carrying out work. The Tribunal dismissed the Revenue's appeal, finding no error in the lower authorities' decisions and concluding that no substantial question of law warranted the court's consideration. Case-Laws Income Tax Fri, 20 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9486