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No TDS U/s. 194C on Purchase of Goods Manufactured by supplier as per our specification
Case Law Details
- Case Name
- DCIT Vs Shalimar Chemical Works Ltd. (ITAT Kolkata)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2008-2009
- Courts
- All ITAT, ITAT Kolkata
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Brief of the Case: In the case of DCIT vs. Shalimar Chemical Works Ltd. the Hon’ble Kolkata ITAT held that manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from a person other than such customer is not included in the definition of the “Work” as described in the Sub-clause (iv) of the Explanation to Section 194C of the Income Tax Act, 1961.
Facts of the Case: Assessee is a Limited Company and is into the business of manufacturer of coconut oil, spices, mustered oil and grocery items. The assessee-company does...
