No Further Tax Recovery from Deductor if Deductee Has Paid Tax: SC

Hindustan Coca Cola Beverage Pvt. Ltd Vs CIT (Supreme Court of India)

Hindustan Coca Cola Beverage Pvt. Ltd. (“the appellant”) filed an appeal before the Supreme Court against the Delhi High Court judgment dated 11.10.2006 in ITA No. 478 of 2005. The appellant, engaged in the manufacture and sale of soft drinks, had entered into an agreement with M/s Pradeep Oil Corporation to use their premises for receipt, storage, and dispatch of goods. The appellant paid warehousing charges to Pradeep Oil Corporation and deducted tax at source under Section 194C of the Income Tax Act, 1961

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