https://www.taxtmi.com/caselaws?id=450530 ITAT Delhi upheld CIT(A)'s decision allowing assessee's appeal regarding disallowance under section 40(a)(ia) for External Development Charges paid to HUDA without TDS deduction. Following precedent in Regards Developers P Ltd, tribunal held that payments to HUDA deposited in State's Consolidated Fund do not require TDS under sections 194C/194I, making penalty under section 271C unsustainable. Revenue's appeal was dismissed as CIT(A) correctly applied established tribunal precedent. en-us Tue, 05 Mar 2024 00:00:00 +0530 Thu, 07 Mar 2024 09:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450530 ITAT Delhi upheld CIT(A)'s decision allowing assessee's appeal regarding disallowance under section 40(a)(ia) for External Development Charges paid to HUDA without TDS deduction. Following precedent in Regards Developers P Ltd, tribunal held that payments to HUDA deposited in State's Consolidated Fund do not require TDS under sections 194C/194I, making penalty under section 271C unsustainable. Revenue's appeal was dismissed as CIT(A) correctly applied established tribunal precedent. Case-Laws Income Tax Tue, 05 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450530