https://www.taxtmi.com/caselaws?id=357473 The document examines TDS and TCS exposure under concession arrangements for toll projects. It questions whether toll collections attracted tax collection at source under section 206C(1C), and whether payments to concessionaires, including amounts routed through an escrow mechanism, triggered tax deduction at source under section 194C and consequential demands under sections 201(1) and 201(1A). The analysis turns on the true nature of the concession agreement, ownership and operation of the toll project, the right to levy and collect toll, and the structure of the escrow account and related payment flows. Both issues were restored to the Assessing Officer for fresh examination, and the stay application became infructuous. en-us Wed, 07 Mar 2018 00:00:00 +0530 Fri, 23 Mar 2018 07:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357473 The document examines TDS and TCS exposure under concession arrangements for toll projects. It questions whether toll collections attracted tax collection at source under section 206C(1C), and whether payments to concessionaires, including amounts routed through an escrow mechanism, triggered tax deduction at source under section 194C and consequential demands under sections 201(1) and 201(1A). The analysis turns on the true nature of the concession agreement, ownership and operation of the toll project, the right to levy and collect toll, and the structure of the escrow account and related payment flows. Both issues were restored to the Assessing Officer for fresh examination, and the stay application became infructuous. Case-Laws Income Tax Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357473