https://www.taxtmi.com/caselaws?id=357635 The Tribunal ruled in favor of the assessee, determining that the lease premium paid was capital in nature and not subject to TDS deduction under Sec. 194I. It held that the premium was a capital expenditure for acquiring leasehold rights, distinct from rent. The Tribunal upheld the decision of the First Appellate Authority, dismissing the revenue's appeal for the Assessment Years 2010-11 and 2011-12. en-us Fri, 19 Jan 2018 00:00:00 +0530 Fri, 20 Feb 2026 17:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357635 The Tribunal ruled in favor of the assessee, determining that the lease premium paid was capital in nature and not subject to TDS deduction under Sec. 194I. It held that the premium was a capital expenditure for acquiring leasehold rights, distinct from rent. The Tribunal upheld the decision of the First Appellate Authority, dismissing the revenue's appeal for the Assessment Years 2010-11 and 2011-12. Case-Laws Income Tax Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357635