THE PRINCIPAL OFFICER, SARDA MINES PVT. LTD.,KEONJHAR vs. ACIT(TDS)-II, BHUBANESWAR
In the result, appeals filed by the assessee are allowed
ITA 297/CTK/2017[2008-09]Status: DisposedITAT Cuttack31 Aug 2018AY 2008-09
Bench: S/Shri N.S Saini & Pavan Kumar Gadale
For Appellant: Shri Bhagban Panda/D.K.Mohanty, ARFor Respondent: Shri Subhendu Datta, DR
Section 194Section 201(1)
section 105 of the Transfer of
Property Act, 1882 also make a distinction between the rent and
premium payable under lease. When the interest of the lessor is
charged with for a price, the price paid is premium or salami but
the periodical payment made for the continuous enjoyment of the
benefits under lease are in the nature of rent
