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of <h1>Section 194-I: Airlines' Passenger Service Fees Exempt from TDS on Rent Payments, Confirms Supreme Court and CBDT.</h1> The circular clarifies that the provisions of section 194-I of the Income Tax Act, 1961, which mandate tax deduction at source on rent payments, do not apply to Passenger Service Fees (PSF) remitted by airlines to airport operators. This decision follows a Bombay High Court ruling, supported by the Supreme Court, which determined that PSF does not constitute rent as defined under the Act. Consequently, the Central Board of Direct Taxes has instructed that no further appeals should be filed on this issue, and any existing appeals should be withdrawn.
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