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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

TDS u/s 194-I - development charges paid by the assessee to ...


Development Charges for 99-Year Lease Not Subject to TDS u/s 194-I, Not Considered Rent Payments.

January 19, 2016

Case Laws     Income Tax     AT

TDS u/s 194-I - development charges paid by the assessee to RIICO towards allotment of land on lease of 99 years - whether payment of development charges paid was for acquisition of leasehold rights or for use of land? - development charges can not be considered as rent - No TDS - AT

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