https://www.taxtmi.com/caselaws?id=440802 The Tribunal upheld the decision that payments under Sales or Return agreements did not fall under Section 194C for tax deduction at source. The contracts were deemed purchases of goods, with ancillary services not changing their primary nature. The Revenue's appeal was dismissed, confirming no obligation for the assessee to deduct tax at source under Section 194C for these transactions. en-us Fri, 02 Dec 2022 00:00:00 +0530 Wed, 26 Jul 2023 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440802 The Tribunal upheld the decision that payments under Sales or Return agreements did not fall under Section 194C for tax deduction at source. The contracts were deemed purchases of goods, with ancillary services not changing their primary nature. The Revenue's appeal was dismissed, confirming no obligation for the assessee to deduct tax at source under Section 194C for these transactions. Case-Laws Income Tax Fri, 02 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440802