Tds applicability on payment of share revenue, Income Tax

[IDPLUIL GROUP]

whether it is liable to deduct TDS on payment of share of revenue to National Highway Authority of India as per the agreement entered. The National Highways Authority of India was constituted by an act of Parliament, the National Highways Authority of India Act,1988. It is responsible for the development, maintenance and management of National Highways entrusted to it and for matters connected or incidental thereto. The Authority was operationalised in Feb, 1995

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[Rama Krishana]

What is the nature of payment of share of revenue to NHAI. Under what agreement it is being paid. If it is part of sharing of revenue of a joint venture, no TDS is liable.