https://www.taxtmi.com/caselaws?id=72049 The CIT(A) ruled that the upfront fee was not income by way of rent, thus no tax was deductible at source. Orders for assessment years 2002-03 and 2003-04 were deemed time-barred. Demands under Section 201(1) were deleted as the recipient had paid the tax. Interest under Section 201(1A) was wrongly levied for 2003-04 and 2004-05 as advance tax was paid. The revenue's appeals for 2002-03 to 2004-05 were dismissed, while the 2005-06 appeal was partly allowed. The assessee's appeal for 2002-03 was allowed, and the CIT(A) order dated 30th September 2008 was set aside for lack of jurisdiction. en-us Fri, 27 Feb 2009 00:00:00 +0530 Thu, 16 Nov 2023 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72049 The CIT(A) ruled that the upfront fee was not income by way of rent, thus no tax was deductible at source. Orders for assessment years 2002-03 and 2003-04 were deemed time-barred. Demands under Section 201(1) were deleted as the recipient had paid the tax. Interest under Section 201(1A) was wrongly levied for 2003-04 and 2004-05 as advance tax was paid. The revenue's appeals for 2002-03 to 2004-05 were dismissed, while the 2005-06 appeal was partly allowed. The assessee's appeal for 2002-03 was allowed, and the CIT(A) order dated 30th September 2008 was set aside for lack of jurisdiction. Case-Laws Income Tax Fri, 27 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72049