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CAM, Electricity and Water Charges Are Rent Under Section 194-I: Mumbai ITAT
['Author Info', 'Name', 'Qualification', 'Company', 'Location', 'Articles Published', 'View Full Profile', 'More Ca Vijayakumar Shetty', 'August']
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AdvertisementS H Donut Empire India Private Limited Vs ADDL/JCIT (ITAT Mumbai) Mumbai ITAT: CAM, Electricity and Water Charges Form Part of ‘Rent’; Separate Invoices Do Not Alter TDS Liability Under Section 194-I The Mumbai ITAT dismissed the assessee’s appeal and held that Common Area Maintenance (CAM), electricity, water and allied charges paid under a composite conducting agreement are part of “rent” under Section 194-I, attracting TDS at the prescribed rate.
The Tribunal upheld the orders treating the assessee as an assessee-in-default under Sections 201(1) and 201(1A) for short d...