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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

TDS u/s 194I - payment to CIDCO as lease premium - Once, the ...


Lease Premium to CIDCO for Land Rights is Capital Expenditure, Not Subject to TDS Under Income Tax Section 194I.

December 27, 2016

Case Laws     Income Tax     AT

TDS u/s 194I - payment to CIDCO as lease premium - Once, the payment is for acquisition of land rights and then, the same is to be reckoned as capital expenditure - No TDS - AT

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