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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

TDS u/s 194I - the assessee was not liable to deduct any tax on ...


No Tax Deduction Needed for Lease Premium to MMRDA; Considered Capital Expenditure u/s 194I for Land Acquisition.

March 27, 2018

Case Laws     Income Tax     AT

TDS u/s 194I - the assessee was not liable to deduct any tax on payment of lease premium to MMRDA because it was capital expenditure to acquire land on lease with substantial right to construct a commercial building complex - AT

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