Licensee or lessee definition covers business rights in parking lots, toll plazas, mines, and quarries for TDS and TCS. Licensee or lessee for TDS and TCS purposes means a person, excluding a public sector company, who obtains a lease, licence, contract, right, or interest, ... Summary
Licensee or lessee definition covers business rights in parking lots, toll plazas, mines, and quarries for TDS and TCS.
Licensee or lessee for TDS and TCS purposes means a person, excluding a public sector company, who obtains a lease, licence, contract, right, or interest, wholly or partly, in a parking lot, toll plaza, mine, or quarry from a licensor or lessor for business use. No corresponding definition exists under the Income-tax Act, 1961.
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