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2015 (6) TMI 439 - AT - Income TaxNon deduction of tds - lease premium paid - CIT(A) deleted demand raised and interest under section 201(1) and 201(1A) respectively - Held that:- As relying on case of ITO vs.Shah Group Builders Ltd., [2014 (1) TMI 1497 - ITAT MUMBAI] impugned order of the ld. CIT(A) holding that the lease premium paid by the assessee to CIDCO not being in the nature of rent as contemplated in section 194-I of the Act, the assessee was not liable to deduct tax at source from the said payment and hence could not be treated as the assessee in default u/s 201(1) & 201(1A) of the Act. The appeal filed by the Revenue is accordingly dismissed. - Decided in favour of assessee.
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