2016 (7) TMI 111

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... after considering the evidence, took a view that the assessee was a trader. That finding is a finding of fact which has become final. It is, therefore, not possible to find that there has been any lapses or violation on the part of the assessee in not complying with the requirement of Section 194C. Consequently, there is no application of Section 40(a)(ia) of the Income Tax Act. - Decided against .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e printing charges of ₹ 72,36,292/- paid shown as such in the profit and loss account and not as sales and holding that the assessee was a trader and not a works contractor and deleting the disallowance on the ground that the payment did not come in the purview of sections 194C and 40(a)(ia) of the Income-Tax Act, 1961? The answer to the question formulated depends upon the further que .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X