Section 194C TDS on Common Maintenance Charges: ITAT remitts matter back to AO

Paramount Restaurants Private Limited Vs National Faceless Appeal Centre (ITAT Delhi) The case involves appeals by Paramount Restaurants Private Limited against the order of the National Faceless Appeal Centre, Delhi, for the Assessment Year 2013-14. The primary issue revolves around the treatment of Common Maintenance Charges and the appropriate rate of Tax Deducted at Source (TDS) under Section 194C of the Income Tax Act. Key Grounds of Appeal: a. Nature of Common Maintenance Charges: The appellant contends that the Common Maintenance Charges should not be treated as part of rent but rather...