Authorities that HUDA receives payment from various parties on
account of External Development Charges ("EDC"). During the
year under consideration, the assessee ... default committed by the assessee under Section 194C on
payment of External Development Charges (EDC) to Haryana
Urban Development Authority (HUDA). With the assistance
making an addition of
Rs.1,61,70,056/- for External Development Charges alleging that the
expenditure is covered under section 43B, ignoring the submission ... making an
addition of Rs.1,61,70,056/- for External Development Charges (EDC) alleging
that the expenditure is covered under section 43B, ignoring
noticed that
TDS was not made on payment of External Development Charges (EDC)
and accordingly penalty u/s 271C was initiated. In response, the assessee ... balance sheet shows that EDC are received for execution for various
External Development works and as and when development work is carried
noticed that TDS
was not made on payment of External Development Charges (EDC) and
accordingly penalty u/s 271C was initiated. In response, the assessee ... sheet shows that EDC are received for execution for various External
Development works and as and when development work is carried out, the
EDC liabilities
provisions of Chapter
XVII-B towards amount paid as External Development Charges
(EDC) to Directorate of Town and Country Planning, Haryana ... default committed by the assessee under Section 194C on payment of
External Development Charges (EDC) to Haryana Urban
Development Authority (HUDA). With the assistance
business of Development of
housing and commercial projects. Appellant company paid External
Development Charges, hereinafter referred to as EDC, to Haryana Urban
Development Authority, hereinafter ... noticed that TDS
was not made on payment of External Development Charges (EDC) and
accordingly penalty u/s 271C was initiated. In response, the assessee
noticed that TDS
was not made on payment of External Development Charges (EDC) and
accordingly penalty u/s 271C was initiated. In response, the assessee ... balance sheet shows that EDC are received for
execution for various External Development works and as and when
development work is carried
noticed that TDS
was not made on payment of External Development Charges (EDC) and
accordingly penalty u/s 271C was initiated. In response, the assessee ... balance
sheet shows that EDC are received for execution for various External
Development works and as and when development work is carried
disallowed.
2.1 Further, Ld. AO observed that the assessee had paid external
development charges (EDC) to HUDA for which advance tax has not
been deducted ... relied to give benefit to the assessee in regard to external development
charges is of year 2018 while the matter concerns assessment year
account of non-deduction of tax on payments being
made for External Development Charges (EDC) paid / payable to HUDA
and while sustaining the instant penalty ... leviable for
non-deduction of tax on payments made for External Development
Charges (EDC) to HUDA came up for hearing before the Tribunal
