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2008 (8) TMI 526 - HC - Income TaxDeduction of tax at source- allegation in the SCN is that the assessee had failed to deduct tax at source on the interest, rent and transportation charges paid by it to various agencies and an order was passed by Income Tax Officer raising a demand. The order upheld by Commissioner (Appeals). Tribunal found that as the assessee had not paid any amount to the procurement agencies on account of transportation, interest or storage charges as such, there was no liability for deduction of tax. Held that- if expenses incurred by a person on account of transportation, interest, storage etc. were added to the cost of the goods, it could not be inferred that the person who was billed and paid a certain amount on account of those services separately as it becomes part of the commodity so sold.
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