Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2011 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (1) TMI 65 - AT - Income TaxDeduction of tax – According to the assessee, these payments are in the nature of work contract payments liable for deduction of tax at the rate of 2% as specified in section 194C of the Act. According to the Revenue, the assessee was required to deduct tax at the rate of 10% in accordance with the provisions of section 194I of the Act. - assessee obtained technical service in the shape of horse riding education - It was not a simple contract of providing the horses to the assessee - to provide qualified and experienced instructors to teach the students of the assessee regarding horse riding and they were also to provide manpower for maintaining the horses - CIT(A) has rightly upheld the action of AO for applying rate of deduction of tax for such an activity and claim of the assessee dismissed - assessee liable for deduction of tax u/s 194I/194J of the Act
|