https://www.taxtmi.com/caselaws?id=347810 The ITAT Hyderabad ruled in favor of the Revenue, setting aside the Ld. CIT(A)'s decision regarding the applicability of section 194H of the Income Tax Act to an assessee engaged in civil construction. The ITAT held that the assessee was not liable to deduct tax at source, and the disallowance was deemed unwarranted based on the interpretations of various decisions and the absence of a "principal and agent" relationship with the bank. en-us Mon, 14 Aug 2017 00:00:00 +0530 Tue, 12 Sep 2017 08:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347810 The ITAT Hyderabad ruled in favor of the Revenue, setting aside the Ld. CIT(A)'s decision regarding the applicability of section 194H of the Income Tax Act to an assessee engaged in civil construction. The ITAT held that the assessee was not liable to deduct tax at source, and the disallowance was deemed unwarranted based on the interpretations of various decisions and the absence of a "principal and agent" relationship with the bank. Case-Laws Income Tax Mon, 14 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347810