https://www.taxtmi.com/caselaws?id=308561 The Supreme Court addressed a writ petition seeking a declaration that payments made towards voyage and time charters are not subject to TDS under Section 194(I) of the Income Tax Act, 1961. The Court expedited the hearing due to pending matters and substantial revenue involved. An interim order clarified the validity of certificates issued under Section 197 of the Act and allowed vessel owners to apply for certificates. The Court suggested amending the petition to include affected association members. The special leave petition was disposed of with no order as to costs. en-us Wed, 14 Jan 2009 00:00:00 +0530 Tue, 04 Jul 2023 17:47:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308561 The Supreme Court addressed a writ petition seeking a declaration that payments made towards voyage and time charters are not subject to TDS under Section 194(I) of the Income Tax Act, 1961. The Court expedited the hearing due to pending matters and substantial revenue involved. An interim order clarified the validity of certificates issued under Section 197 of the Act and allowed vessel owners to apply for certificates. The Court suggested amending the petition to include affected association members. The special leave petition was disposed of with no order as to costs. Case-Laws Income Tax Wed, 14 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308561