https://www.taxtmi.com/caselaws?id=347484 The Tribunal's judgment resulted in a mixed outcome. The appeals of the Revenue concerning TDS on lease rent were allowed, requiring compliance with Section 194I. However, the appeals on TDS for interest on deferred payment of EDC lease premium and bank guarantee commission were dismissed, upholding the CIT(A)'s decision. The Tribunal also dismissed the assessee's appeals on short deduction of tax on rent payments, reinforcing Section 194I's applicability based on the Delhi High Court's decision. The Tribunal directed the Assessing Officer to grant the benefit of the proviso to Section 201 upon the assessee providing necessary details. en-us Thu, 31 Aug 2017 00:00:00 +0530 Tue, 05 Sep 2017 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347484 The Tribunal's judgment resulted in a mixed outcome. The appeals of the Revenue concerning TDS on lease rent were allowed, requiring compliance with Section 194I. However, the appeals on TDS for interest on deferred payment of EDC lease premium and bank guarantee commission were dismissed, upholding the CIT(A)'s decision. The Tribunal also dismissed the assessee's appeals on short deduction of tax on rent payments, reinforcing Section 194I's applicability based on the Delhi High Court's decision. The Tribunal directed the Assessing Officer to grant the benefit of the proviso to Section 201 upon the assessee providing necessary details. Case-Laws Income Tax Thu, 31 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347484