EDC Treated as Contractual Payment, TDS Mandatory: ITAT Delhi

Glorious Informatics Private Limited Vs ITO (ITAT Delhi) EDC to HUDA attracts TDS u/s 194C: ITAT Delhi upholds 201(1)/201(1A) demand Delhi  Tribunal   dismissed the assessee’s appeal and upheld the demand raised u/s 201(1) & 201(1A) for non-deduction of tax at source on payment of External Development Charges (EDC) made to Haryana Urban Development Authority (HUDA). The Tribunal held that the issue was squarely covered against the assessee by the decision of the Delhi High Court in Puri Construction (P.) Ltd. v. Addl. CIT (2024) 159 taxmann.com 444, wherein it was held that EDC paymen...