https://www.taxtmi.com/caselaws?id=422561 The Tribunal dismissed the revenue's appeal, affirming that the by-products retained by millers were not considered part of the consideration for the milling contract under Section 194C. The Tribunal emphasized that the by-products were retained as per government policy and were not owned by the procurement agencies, thus not subject to TDS. The decision was based on the specific terms of the milling agreements and consistent judicial precedents. en-us Tue, 26 Apr 2022 00:00:00 +0530 Tue, 17 May 2022 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422561 The Tribunal dismissed the revenue's appeal, affirming that the by-products retained by millers were not considered part of the consideration for the milling contract under Section 194C. The Tribunal emphasized that the by-products were retained as per government policy and were not owned by the procurement agencies, thus not subject to TDS. The decision was based on the specific terms of the milling agreements and consistent judicial precedents. Case-Laws Income Tax Tue, 26 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422561