Supreme Court Upholds TDS on Lease Rent, Clarifies “Local Authority” Status: Noida vs. CIT (2018)

/ A.K. Sikri, Ashok Bhushan, Constitutional Law, Constitutional Law with Article 243Q, Income Tax Act, 1961, Income Tax Act, 1961 with Section 10(20), Income Tax Act, 1961 with Section 194-I, Income Tax Act, 1961 with Section 194A(3)(iii)(f), Judges

Supreme Court Upholds TDS on Lease Rent, Clarifies “Local Authority” Status: Noida vs. CIT (2018) LEGAL ISSUE: Whether NOIDA and Greater NOIDA are “local authorities” under Section 10(20) of the Income Tax Act, 1961, and whether tax is deductible at source (TDS) on lease rent payments made to them. CASE TYPE: Income Tax Law Case […]

Supreme Court Upholds TDS on Lease Rent, Clarifies “Local Authority” Status: Noida vs. CIT (2018) Read Post »