https://www.taxtmi.com/caselaws?id=364498 The Tribunal held that the wharfage charges paid to Kolkata Port Trust are not in the nature of rent, thus no TDS is liable to be deducted under Section 194I of the Income Tax Act. Additionally, no TDS is required on payments to Kolkata Port Trust, a public charitable trust exempt under Section 11/12AA. The appeals for the assessment years 2011-12 and 2012-13 were allowed, overturning the decision to treat the assessee as in default for non-deduction of TDS on wharfage charges. en-us Wed, 18 Jul 2018 00:00:00 +0530 Tue, 31 Jul 2018 07:45:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364498 The Tribunal held that the wharfage charges paid to Kolkata Port Trust are not in the nature of rent, thus no TDS is liable to be deducted under Section 194I of the Income Tax Act. Additionally, no TDS is required on payments to Kolkata Port Trust, a public charitable trust exempt under Section 11/12AA. The appeals for the assessment years 2011-12 and 2012-13 were allowed, overturning the decision to treat the assessee as in default for non-deduction of TDS on wharfage charges. Case-Laws Income Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364498