https://www.taxtmi.com/caselaws?id=777615 HC upheld the AO's conclusion that External Development Charges collected by the authority from private builders constituted rent for use of land, rejecting Revenue's retrospective contention that such receipts were payments to a contractor under sections 194C/194I. The court found no merit in the Revenue's challenge, noting a parallel decision in favour of the assessee on identical facts; any erroneous reference to a provision did not vitiate the substantive conclusion that the receipts were rent. en-us Mon, 18 Aug 2025 00:00:00 +0530 Wed, 03 Sep 2025 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777615 HC upheld the AO's conclusion that External Development Charges collected by the authority from private builders constituted rent for use of land, rejecting Revenue's retrospective contention that such receipts were payments to a contractor under sections 194C/194I. The court found no merit in the Revenue's challenge, noting a parallel decision in favour of the assessee on identical facts; any erroneous reference to a provision did not vitiate the substantive conclusion that the receipts were rent. Case-Laws Income Tax Mon, 18 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777615