Payment under rule 12

Querist : Anonymous (Querist) 19 May 2018 This query is : Resolved
I am a Mining(Sand) Lessee and the West Bengal State Govt. is the Lessor.

Earlier I used to pay ROYALTY, CESS AND TCS(Tax Collected at Source). But from FY 2017-18 the B.L. & L.R.O has started taking an additional PAYMENT UNDER RULE-12. The amount paid by me is 30% of the amount of Royalty I have paid.

1. What is the Payment Under Rule-12 ?
2. Whether this payment is adjustable in Income Tax Computation like TCS (Tax Collected at Source) or not ?

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KISHAN DUTT KALASKAR (Expert) 22 May 2018
Dear Sir,

Please consult local Income Tax Consultant.

Querist : Anonymous (Querist) 22 May 2018
The above reply is not sufficient to close the query

Ms.Usha Kapoor (Expert) 05 June 2018
Contact CA club which deals with such tax matters which is a sister concern of lawyers club of India.

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