https://www.taxtmi.com/caselaws?id=19797 The High Court held that Circular No. 681 of 1994 was illegal and lacked jurisdiction in mandating deduction at source from payments to advertising agencies for professional services. The court allowed the writ petition, with no costs awarded, rejecting the application for a stay of the order. The court's decision was based on its interpretation of the law and alignment with the historical interpretation of section 194C by the Central Board of Direct Taxes and the Supreme Court's decision in Associated Cement Co. Ltd. v. CIT [1993] 201 ITR 435. en-us Fri, 29 Jul 1994 00:00:00 +0530 Mon, 09 Nov 2009 17:27:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19797 The High Court held that Circular No. 681 of 1994 was illegal and lacked jurisdiction in mandating deduction at source from payments to advertising agencies for professional services. The court allowed the writ petition, with no costs awarded, rejecting the application for a stay of the order. The court's decision was based on its interpretation of the law and alignment with the historical interpretation of section 194C by the Central Board of Direct Taxes and the Supreme Court's decision in Associated Cement Co. Ltd. v. CIT [1993] 201 ITR 435. Case-Laws Income Tax Fri, 29 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19797