Tax Tribunal Clarifies TDS Exemption on Common Area Maintenance Charges for Group Company Payments Under Section 194I

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ITAT adjudicated a tax dispute regarding TDS deductibility on common area maintenance (CAM) charges. The tribunal referenced a precedent holding that CAM charges do not attract TDS under section 194I. The assessee's payment was made to a group company, not the direct landlord. The tribunal allowed the assessee's appeal, consequently setting aside section 201(1) and 201(1A) TDS and interest liability. The ruling effectively exempts CAM charges from TDS deduction, providing relief to the assessee by interpreting the statutory provisions narrowly and aligning with recent judicial interpretation.....