TDS under Section 194C Applicable to CAM Charges Distinct from Rent: ITAT Delhi

Liberty Retail Revolutions Ltd. Vs ACIT (ITAT Delhi) Introduction: In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Delhi has addressed the applicability of Tax Deducted at Source (TDS) under section 194C of the Income Tax Act on Common Area Maintenance (CAM) charges. The case pertains to Liberty Retail Revolutions Ltd. vs ACIT for the assessment year 2011-12. The appeal challenges the order of the CIT(A)-38, Delhi dated 16-01-2020. Detailed Analysis: The crux of the matter revolves around the contention that the Assessing Officer (AO) directed the assessee to pay TDS at a hig...