https://www.taxtmi.com/caselaws?id=436373 The HC allowed the petition and set aside the impugned assessment order. It held the AO's finding that EDC payable to HUDA constituted "rent" and that TDS was deductible under s.194-I was fundamentally flawed; the AO mischaracterised the nature of the payment, failed to consider s.194C/194J arguments, and applied the wrong legal basis and rate. The Revenue could not sustain the AO's reasoning or remedy the defect by citing alternative provisions. Consequently the assessment based on that erroneous substratum was quashed. en-us Fri, 24 Mar 2023 00:00:00 +0530 Sat, 01 Nov 2025 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436373 The HC allowed the petition and set aside the impugned assessment order. It held the AO's finding that EDC payable to HUDA constituted "rent" and that TDS was deductible under s.194-I was fundamentally flawed; the AO mischaracterised the nature of the payment, failed to consider s.194C/194J arguments, and applied the wrong legal basis and rate. The Revenue could not sustain the AO's reasoning or remedy the defect by citing alternative provisions. Consequently the assessment based on that erroneous substratum was quashed. Case-Laws Income Tax Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436373