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2008 (10) TMI 341 - HC - Income TaxDeduction of Tax at source- whether the landing and parking charges could be deemed to be rent under section 194-I of the said Act. A Division Bench of this court concluded that such landing and parking charges would be rent under section 194-I of the said Act? Held that- the landing/parking charges paid by the assessee to the Appropriate Authority of India were in the nature of rent under section 194-I of the Income Tax Act, 1961 and not payment for a contract of work under section 194C of the Act. Thus the assessee was in default in respect of payment of landing and parking charges under section 194-I of the Act.
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