2016 (10) TMI 781 - SCH - Income Tax

TDS on wheeling and transmission charges - payment made by the assessee to entities like Maharashtra State Electricity Transmission Company Limited (MSETCL) and Power Grid Corporation of India Limited (PGCIL) for the use of transmission lines or other infrastructure i.e. plant, machinery and equipment - whether payment could not be termed as rent under the provisions of section 194I and consequently the provisions of sections 201 and 201(1A) could not be applied? Apex court dismissed the revenue appeal against the decision of HC (2015 (5) TMI 396 - BOMBAY HIGH COURT).

Summary

The Supreme Court of India dismissed the Special Leave Petition due to no reason to entertain it. Delay was condoned. (Citation: 2016 (10) TMI 781 - SC)