https://www.taxtmi.com/caselaws?id=371691 The Tribunal partly allowed the Revenue's appeal, directing the Assessing Officer to verify the year in which the advance from Formula One Management Limited was treated as income. It upheld the TDS requirement on lease rent and interest paid to Yamuna Expressway Industrial Development Authority, while confirming that no TDS was necessary on bank guarantee commission payments. en-us Thu, 06 Dec 2018 00:00:00 +0530 Sat, 08 Dec 2018 06:38:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371691 The Tribunal partly allowed the Revenue's appeal, directing the Assessing Officer to verify the year in which the advance from Formula One Management Limited was treated as income. It upheld the TDS requirement on lease rent and interest paid to Yamuna Expressway Industrial Development Authority, while confirming that no TDS was necessary on bank guarantee commission payments. Case-Laws Income Tax Thu, 06 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371691