Matter remanded to decide whether sum paid to KIADB to acquire land include service charges attracting TDS liability: HC

INCOME TAX : Where assessee was held to be an 'assessee in default' as it had entered into an agreement with Karnataka Industrial Area Development Board (KIADB) for acquiring land for implementation of Bangalore Metro Rail Project and made payment, but did not deduct tax at source, in view of fact that Liability to deduct tax would arise only if payment was made towards service charges by assessee which attracts tax liability, matter was to be remanded back to Tribunal to determine said aspect

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