TMI BlogPremium for 99-Year Leasehold Rights Not Considered Rent u/s 194I; No TDS Required.TDS u/s 194I - premium for acquisition of Lease hold rights for 99 years - the same not being paid consequent to the execution of the lease agreement, cannot be said to be payment in lieu of rent as envisaged under section 194I - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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