Payment of labour by contractor to group of workers is not contract payment liable u/s 194C but payment to workers for fixed period and hence covered by 192-GREATER HYDERABAD MUNICIPAL CORPORATION ZONE dtd 24-09-2015(2015) 45 CCH 0079 HydTrib

FDR Interest on deposits from advance received from customers is business income and not income from other sources . Held by ITAT Chd in Samar Estate (P.) Ltd 06-02-2015 following SC in Bokaro Steels

Contribution to Chit find by Trust is contribution to self because Chit fund is a mutual association only. Hence for deposit with Chit fund there is no violation of 11(5).Held by Hyd Trib in Sankshema on 31-07-3015