TDS @2% u/s 194C deductible on payment towards Common Area Maintenance charges

TCNS Clothing Co. Limited Vs ACIT (TDS) (ITAT Delhi)

ITAT Delhi held that Common Area Maintenance charges (CAM Charges) paid by the assessee are liable for 2% TDS u/s 194C of the Income Tax Act and not at 10% u/s 194I of the Income Tax Act.

Facts- The present appeal is filed by the assessee against order of CIT(A) in upholding the action of the AO in treating assessee in default within the meaning of the provisions of Section 201(1) of the Act for failing to deduct tax at

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