https://www.taxtmi.com/caselaws?id=325729 The Tribunal dismissed the Revenue's appeals, affirming that the lease premium paid to PCNTDA was not subject to TDS under section 194I. The Tribunal found no merit in the AO's demands under sections 201(1) and 201(1A) and upheld the CIT(A)'s orders deleting these demands. The Tribunal's decision was consistent with its previous rulings on similar issues, reinforcing the interpretation that lease premiums paid as pre-conditions for lease agreements do not qualify as rent for TDS purposes. en-us Wed, 10 Feb 2016 00:00:00 +0530 Mon, 28 Mar 2016 07:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325729 The Tribunal dismissed the Revenue's appeals, affirming that the lease premium paid to PCNTDA was not subject to TDS under section 194I. The Tribunal found no merit in the AO's demands under sections 201(1) and 201(1A) and upheld the CIT(A)'s orders deleting these demands. The Tribunal's decision was consistent with its previous rulings on similar issues, reinforcing the interpretation that lease premiums paid as pre-conditions for lease agreements do not qualify as rent for TDS purposes. Case-Laws Income Tax Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325729