https://www.taxtmi.com/caselaws?id=183562 The Tribunal upheld the CIT(A) order, ruling that the lease premium payment made by the appellant to PCNTDA was not subject to TDS deduction under section 194I of the Income-tax Act. The Tribunal found that the payment was a pre-condition for entering into the lease agreement, distinguishing it from cases where upfront payments were part of acquiring leasehold rights. Consequently, the Tribunal dismissed the Revenue's appeal, deeming the demand raised as unjustified. en-us Mon, 27 Oct 2014 00:00:00 +0530 Tue, 14 Jun 2016 13:10:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183562 The Tribunal upheld the CIT(A) order, ruling that the lease premium payment made by the appellant to PCNTDA was not subject to TDS deduction under section 194I of the Income-tax Act. The Tribunal found that the payment was a pre-condition for entering into the lease agreement, distinguishing it from cases where upfront payments were part of acquiring leasehold rights. Consequently, the Tribunal dismissed the Revenue's appeal, deeming the demand raised as unjustified. Case-Laws Income Tax Mon, 27 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183562