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2016 (4) TMI 1269 - AT - Income TaxTDS u/s 194C - payments made by the respondent-co-operative society to Shri Lakshman stated to have been paid to acquire lands - whether are in the nature of payment made for any work contract or consideration paid for purchase of sites? - Held that:- A perusal of the clauses reveals that it is a case of sale of developed sites of the developer to individual members of the cooperative society. The society was only acting as a facilitator. Therefore, it does not involve any works contract. It is a case of sale of plots to members of society. In such circumstances, it is settled law by now that the provisions of sec.194C are not applicable. We do not find any reason to interfere with the orders of the CIT(A) and accordingly, uphold the same. - Decided against revenue
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