https://www.taxtmi.com/caselaws?id=368761 The Appellate Tribunal ITAT Kolkata upheld the assessing authority's decision on the short deduction of TDS under sections 201(1) and 201(1A) of the Income Tax Act, 1961 for the assessment year 2007-08. The Tribunal rejected the appellant's arguments against the applicability of sections 194I and 194C, finding that substantial amounts were indeed paid for hiring machinery, making the provisions relevant. Additionally, the Tribunal emphasized the lack of evidence supporting the appellant's claims regarding sub-contracts and control over the machinery by the payees. As a result, the Tribunal dismissed the appeal and confirmed the reduced demand set by the assessing authority. en-us Fri, 05 Oct 2018 00:00:00 +0530 Sat, 13 Oct 2018 15:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368761 The Appellate Tribunal ITAT Kolkata upheld the assessing authority's decision on the short deduction of TDS under sections 201(1) and 201(1A) of the Income Tax Act, 1961 for the assessment year 2007-08. The Tribunal rejected the appellant's arguments against the applicability of sections 194I and 194C, finding that substantial amounts were indeed paid for hiring machinery, making the provisions relevant. Additionally, the Tribunal emphasized the lack of evidence supporting the appellant's claims regarding sub-contracts and control over the machinery by the payees. As a result, the Tribunal dismissed the appeal and confirmed the reduced demand set by the assessing authority. Case-Laws Income Tax Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368761