https://www.taxtmi.com/caselaws?id=348757 The appeal by the revenue and cross objection by the assessee against orders by Ld. CIT (Appeals)-59, Mumbai for the assessment year 2012-13 were dismissed by the Tribunal. The dispute centered on the classification of payments for hoarding/display rights under sections 194C and 194I of the Income Tax Act. The Tribunal upheld the Ld. CIT(A)'s decision, ruling that the payments should be treated under section 194C as advertising services contracts. The Tribunal rejected the revenue's challenge, affirming the Ld. CIT(A)'s partial relief to the assessee and dismissing the appeal and cross objection. en-us Wed, 24 May 2017 00:00:00 +0530 Thu, 28 Sep 2017 07:23:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348757 The appeal by the revenue and cross objection by the assessee against orders by Ld. CIT (Appeals)-59, Mumbai for the assessment year 2012-13 were dismissed by the Tribunal. The dispute centered on the classification of payments for hoarding/display rights under sections 194C and 194I of the Income Tax Act. The Tribunal upheld the Ld. CIT(A)'s decision, ruling that the payments should be treated under section 194C as advertising services contracts. The Tribunal rejected the revenue's challenge, affirming the Ld. CIT(A)'s partial relief to the assessee and dismissing the appeal and cross objection. Case-Laws Income Tax Wed, 24 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348757