Upfront/Lump Sum lease premium for long term lease not rent u/s 194I, No TDS :CBDT
Upfront/Lump Sum lease premium for long term lease not rent u/s 194I Circular No 35/2016 Dated 13.10.2016 Lump Sum lease premium or One time upfront lease charges which are not adjustable against periodic rent , paid or payable for acquisition of long term leasehold rights over land or any other property are not payments in… Read More »