TDS u/s 194I - the upfront payment made by the assessee for the ...

Upfront payment for 99-year leasehold rights not rental income; no TDS liability u/s 194I.

April 8, 2016

Case Laws Income Tax HC

TDS u/s 194I - the upfront payment made by the assessee for the acquisition of leasehold rights over an immovable property for a long duration of time say 99 years could not be taken to constitute rental income at the hands of the lessor - No TDS liability - HC

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TDS u/s 194I - the upfront payment made by the assessee for the ...

Upfront payment for 99-year leasehold rights not rental income; no TDS liability u/s 194I.

April 8, 2016

Case Laws Income Tax HC

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