194-I

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Arun Sushilkumar Bhakkad (Querist)
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14 April 2010 the airlines company pays rent for airport space to delhi international airport private limited . the airport company is a private limited company,then whether the TDS under section 194-I is deductible or not?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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14 April 2010 YES TDS IS DEDUCTIBLE U/S 194I @ 10%.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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14 April 2010
Landing of aircraft or parking aircraft amounts to user of land of airport and, hence, landing fee and parking fee will amount to ‘rent’ within meaning of Explanation (i) to section 194-I.

Citation - United Airlines v. CIT [2006] 152 Taxman 516 (Delhi).

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