ALL KOSHYS ALL SPICES vs. COMMISSIONER OF INCOME TAX

Appeal is allowed as above

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

139/- paid/reimbursed by the assessee to M/s.Seven Ocean Shipping Company towards shipping charges attract TDS under section 194I of the Act? (3) Whether on the facts and in the circumstances of the case the Income Tax Appellate Tribunal was correct in holding that the assessee/appellant took the machinery (ship) on lease and paid hire charges for the same and therefore