https://www.taxtmi.com/caselaws?id=430682 The Tribunal held that Common Area Maintenance (CAM) charges are distinct from rent and should be subject to TDS under Section 194C at 2%, not under Section 194-I at 10%. The Tribunal allowed the assessee's appeal and set aside demands for interest on short deduction of TDS under Section 201(1A). This decision underscores the need to differentiate between payments for exclusive property use and payments for common area maintenance when applying TDS provisions. en-us Wed, 09 Nov 2022 00:00:00 +0530 Thu, 24 Nov 2022 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430682 The Tribunal held that Common Area Maintenance (CAM) charges are distinct from rent and should be subject to TDS under Section 194C at 2%, not under Section 194-I at 10%. The Tribunal allowed the assessee's appeal and set aside demands for interest on short deduction of TDS under Section 201(1A). This decision underscores the need to differentiate between payments for exclusive property use and payments for common area maintenance when applying TDS provisions. Case-Laws Income Tax Wed, 09 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430682