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
32A and 33 of the Act clearly differentiate ships, machinery and plant.
14. having examined clause(c ) Explanation-Ill of section 194-C, it, prima facie, clarifies that the expression “work” means carriage of goods and passengers by any mode of transport other than by railways and freight payments have to be deducted under this section and not under section
