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2017 (2) TMI 1201 - AT - Income TaxNon deduction of TDS - whether the premium paid by the assessee to MMRDA for acquiring the stair case, lifts, lift room, lobbies etc. for free of FSI is in the nature of rent for the purpose of the provisions of 194I of the Act or not? - Held that: - the Co-ordinate bench in the case of ITO Vs. Wadhwa & Associates Realtors Pvt. Ltd [2013 (9) TMI 261 - ITAT MUMBAI] considered similar issue and held that premium paid by the assessee to MMRDA for the construction of building and for additional built up area for grant of free of FSI cannot be equated to rent - lease premium paid by the assessee to MMRDA is not in the nature of rent under provisions of 194I of the Act - appeal dismissed - decided against Revenue.
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