TDS was correctly deducted by Hindustan Lever, rules Orissa HC in challenge by Works Contractor for ‘Wheel’, ‘Surf Excel’ and ‘Domex’ Production

Oriclean Private Limited Vs ACIT (Orissa High Court) Conclusion: Assessee’s claim that the Hindustan lever had been wrongly deducting tax at source under section 194C, treating the contractual agreement for manufacturing of Hindustan Lever Limited products as “works contract” was not legally tenable since for all purposes the functioning of the applicant in respect of its transaction with Hindustan levercame  under the domain of “works contract” liable for TDS deduction under section 194C. Held: Assessee-company had entered into a Purchasing Agreement with M/s. Hindu...