TDS applicable only if the amount is expenditure or income of one of the party

IN THE ITAT BANGALORE BENCH ‘A’ Income-tax Officer, Ward-16(2), TDS V/s. Hotel Parag Ltd. IT Appeal No. 667 (Bang.) of 2010 [Assessment Year 2007-08] JULY 20, 2012 ORDER Jason P. Boaz, Accountant Member  This appeal by Revenue is directed against the order of the Commissioner of Income Tax (Appeals)-V, Bangalore dated 12.03.2010 for Assessment Year 2007-08. 2. The facts of the case, in brief, are as under : 2.1 The assessee operates its hotel business from a leasehold building premises, together with necessary infrastructure such as plant, machinery equipments, fu...