2015 (2) TMI 1257

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....he Respondent : Shri A.V.Raghuram ORDER Per D.Manmohan, Vice President : This appeal by the Revenue is directed against the order passed by the Commissioner of Income-tax(Appeals) V, Hyderabad, and it pertains to assessment year 2010-11. 2. The assessee has been created as a joint venture with two partnership firms as members. Both the partnership firms are converted into companies. Th....

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....ircumstances, the ITAT, Hyderabad Bench 'B' in assessee's own case for the assessment year 2009-10 (ITA No.372/Hyd/2013 dated 18.12.2013) held that there is no sub-contract between the JV and its constituents and therefore, the provisions of S.194C are not attracted. The learned CIT(A) respectfully followed the decision of the ITAT, cited (supra). Aggrieved, Revenue is in appeal before us. 4. A....