Case Law Details
Case Name : Commissioner Of Income-Tax Vs. Poompuhar Shipping Corporation Ltd. (Madras High Court)
Appeal Number : (2006) 282 ITR 3 (Mad)
Date of Judgement/Order : 20/01/2006
Related Assessment Year :
Courts :
All High Courts Madras High Court
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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.
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