https://www.taxtmi.com/caselaws?id=423075 The Tribunal ruled in favor of the assessee regarding the characterization of common area maintenance (CAM) charges, determining them as contractual payments for maintenance services rather than rent. As a result, the correct Tax Deducted at Source (TDS) rate of 2% under section 194C was deemed applicable. The Tribunal held that the interest levied by the Assessing Officer under section 201(1A) was inconsequential post the decision on CAM charges, leading to the dismissal of the appeal on this ground. en-us Fri, 29 Apr 2022 00:00:00 +0530 Mon, 22 Jun 2026 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423075 The Tribunal ruled in favor of the assessee regarding the characterization of common area maintenance (CAM) charges, determining them as contractual payments for maintenance services rather than rent. As a result, the correct Tax Deducted at Source (TDS) rate of 2% under section 194C was deemed applicable. The Tribunal held that the interest levied by the Assessing Officer under section 201(1A) was inconsequential post the decision on CAM charges, leading to the dismissal of the appeal on this ground. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423075