Matter remitted to AO (TDS) for re-verification of quantum of External Development Charges

Santur Builders Private Limited Vs ITO (ITAT Delhi) ITAT Delhi remanded the matter back to the file of AO (TDS) for proper verification of quantum of External Development Charges (EDC) for demand of tax under section 201(1) of the Income Tax Act. Facts- The appellant/assessee, a real estate developer, was developing a housing project at Sohana, Gurugram. The Dy. Commissioner of Income Tax (TDS), Panchkula surveyed the office premises of Haryana Urban Development Authority (HUDA) and Sky-High Land Construction Ltd. u/s. 133A of the Act. It was noted by the DCIT (TDS), Panchkula that the payment...