Whether tds on aircraft landing and parking charges appliable?
if yes under which section 194c or 194I ?
MANISH PANCHAL (service) (174 Points)
18 September 2008Whether tds on aircraft landing and parking charges appliable?
if yes under which section 194c or 194I ?
Vijay Budhwani
(AVP Tax)
(326 Points)
Replied 19 September 2008
I think tax should be deducted u/s 194 I because it is a sort of rent paid for using a part of land for parking.
Chandra Sekhar P
(G.M. Finance & Accounts)
(116 Points)
Replied 19 September 2008
TDS on landing and parking charges, is deductible under section 194I, as rent is specifically meant for use of land or bulidng or land appurtenatn to a building or machinery or plant or equipment of furinture or fittings whether or not any or all of the above are owned by payee.
K.Prasanna
(Audit Manager)
(35 Points)
Replied 22 September 2008
TDS should be charged on 194I as its covered under meaning of rent.
It is also decided in the UNITED AIRINES VS CIT (281 ITR287).
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