TDS u/s. 194 not applicable on trade advances to sister concerns

IN THE ITAT HYDERABAD BENCH ‘A’ Jaypeem Granites (P.) Ltd. v/s. Income-tax Officer, Ward 14(3), Hyderabad IT APPEAL NOS. 128, 129, 372 & 373 (HYD.) OF 2010 [ASSESSMENT YEARS 2005-06 & 2006-07] JUNE 8, 2012 ORDER D. Karunakara Rao, Accountant Member These are cross appeals for two years, viz. assessment years 2005-06 and 2006-07. Hence, there are four appeals in all in this bunch. They are directed against a common order of the CIT(A) II, Hyderabad dated 30.12.2009, disposing off the appeals of the assessee, arising out of the orders of the assessing officer...