CIT v. Poompuhar Shipping Corporation Ltd. (2006) 282 ITR 3 (Mad)

Payment of hire charges for taking temporary possession of the ships by the assessee-company would not fall within the provision of section 194C and hence no tax is required to be deducted, and there is no error or infirmity in the order of the lower authorities. HIGH COURT OF MADRAS Commissioner Of Income-Tax. Vs. Poompuhar Shipping Corporation Ltd. (2006) 282 ITR 3 (Mad) Dated- 20/01/2006. JUDGMENT P.P.S. Janarthana Raja J.- The present appeals are filed under section 260A of the Income-tax Act, 1961 by the Revenue, against the order dated July 29, 2004, in I.T.A. Nos. 2075...