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2014 (1) TMI 1891 - AT - Income TaxTDS u/s 194I - lease premium paid to MMRDA towards additional premium for additional built up area - HELD THAT:- Issue involved is squarely covered in favour of the assessee by the decision of the Tribunal in assessee’s own case [2013 (9) TMI 158 - ITAT DELHI] payment of lease premium was not to be made on periodical basis but it was one time payment to acquire the land with right to construct a commercial complex thereon and the lease premium was paid to MMRDA in four installments - it is a lease premium for acquiring land with right to construct a commercial building although with certain restrictions, but it is a capital expenditure not falling within the ambit of section 194-I of the Act - Decided against Revenue.
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