https://www.taxtmi.com/caselaws?id=181589 The High Court of Delhi ruled in favor of the revenue in an appeal regarding tax deductions on payments for landing and parking charges. The court held that the payments should be classified as 'rent' under section 194-I of the Income Tax Act, contrary to the Tribunal's decision under section 194-C. The revenue was directed to grant benefits to the assessee upon proof of tax payments by the Airport Authority of India and calculate interest under Section 201(1A) accordingly. en-us Thu, 14 Aug 2008 00:00:00 +0530 Wed, 20 Apr 2016 12:41:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181589 The High Court of Delhi ruled in favor of the revenue in an appeal regarding tax deductions on payments for landing and parking charges. The court held that the payments should be classified as 'rent' under section 194-I of the Income Tax Act, contrary to the Tribunal's decision under section 194-C. The revenue was directed to grant benefits to the assessee upon proof of tax payments by the Airport Authority of India and calculate interest under Section 201(1A) accordingly. Case-Laws Income Tax Thu, 14 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181589