2014 (8) TMI 563

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.... of the Income Tax Appellate Tribunal dated 22 March 2013 for Assessment Year 2008-09. The appeal has been admitted on the following substantial questions of law: "(1) Whether, the ITAT erred in law in holding that the assessee was correct in deducting TDS U/s. 194-C @ 2% rather than U/s. 194-I ignoring the explanation to Section 194-I which provides for deduction @ 10% and defines rent as any pa....

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....T has already been admitted by the Jurisdictional High Court vide order dated 18.07.2012 passed in appeal no.642/2012 and 643/2012 (CIT) (TDS) vs. M/s Bharat Electronics Ltd.)" The Tribunal has followed its own decision in the case of Bharat Electronics Pvt. Ltd. v. Deputy Commissioner of Income Tax (TDS), Ghaziabad [2012] 20 taxmann.com 3 (Delhi). Learned counsel appearing on behalf of the Reve....