Rent is subjected to TDS u/s 194I, whereas, CAM is subjected to TDS u/s 194C

Aero Club Vs DCIT (ITAT Delhi) ITAT Delhi held that rent is subjected to TDS @ 10% under section 194-I of the Income Tax Act, whereas, Common Area Maintenance (CAM) charges are subjected to TDS @ 2% under section 194C of the Income Tax Act. Facts- A survey u/s 133A(2A) of the Income Tax Act, 1961 was carried out in the case of Ambience group by the ACIT(TDS)-73(1), New Delhi on 12.02.2018 for the purposes of verification of compliance of TDS provisions. A survey action was carried out at two malls namely Ambience Gurgaon and Vasant Kunj revealed that, the Mall owners have collected/recovered e...