Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
54. Benetton India (P.) Ltd. vs. JCIT
(2024) 167 taxmann.com 76 (DelTrib)
ITA No.:5774 (Del) of 2019
A.Y.: 2011–12
Date of Order: 28th August, 2024
Ss. 194-I, 194C — Where Common Area Maintenance (CAM) charges are for separate and distinguishable services, the applicable rate of TDS is 2 per cent under section 194 C, and not 10 per cent under section 194-I.
FACTS
The assessee was in the business of manufacturing and trading of readymade garments. For the purpose of carrying out its business, it had taken on lease a unit / shop in a mall. During FY 2010–11, it had paid rent, Common Area Maintenance (CAM) and miscellaneous amenity charges to the payee. Value of the services for the aforesaid charges had been separately quantified under the different agreements, and the paymen
