M/S AC CARGO MANAGEMENT P.LTD,,COCHIN vs. THE ITO, COCHIN
In the result, the appeal of the assessee is partly allowed
ITA 320/COCH/2013[2007-08]Status: DisposedITAT Cochin23 Mar 2017AY 2007-08
Bench: Shri Abraham P. George & Shri George George. K.] आयकर अपील सं./I.T.A. No. 320/Coch/2013. िनधा"रण वष" /Assessment Year : 2007-2008. Vs. M/S. Ac Cargo Management The Income Tax Officer, Pvt. Ltd, Ward 1(1) 1St Floor, Chacko Chambers, Kochi Civil Lines Road, Palarivattom, Kochi 682 025. [Pan Aaeca 2206K] (अपीलाथ" अपीलाथ" अपीलाथ"/Appellant) अपीलाथ" (ू"यथ" ू"यथ" ू"यथ"/Respondent) ू"यथ"
For Appellant: Shri. R. Krishnan, C.A
Section 194Section 194CSection 194ISection 40
TDS on
truck leasing charges of Rs.60,96,000/- paid by it. When this was
pointed out to the assessee, its reply was that Sec. 194C of the Act
was not applicable to it, by virtue of the judgment of Hon’ble Madras
282 ITR 3. Thereupon ld. Assessing Officer put the assessee on notice
that such payment fell within
