https://www.taxtmi.com/caselaws?id=409379 The ITAT ruled in favor of the appellant, an international airline, in an appeal against a tax withholding demand under section 201 r.w.s. 194I of the Income Tax Act, 1961 for the assessment year 2012-13. The dispute arose from payments made for lounge facilities, initially treated as rent by the Assessing Officer demanding tax withholding at 10%. The ITAT held that the payments were for services, not rent, in line with section 194C. The ITAT emphasized adherence to higher court decisions, criticized the authorities for technicalities with minimal revenue implications, and granted relief by deleting the tax demands. en-us Mon, 05 Jul 2021 00:00:00 +0530 Tue, 06 Jul 2021 09:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409379 The ITAT ruled in favor of the appellant, an international airline, in an appeal against a tax withholding demand under section 201 r.w.s. 194I of the Income Tax Act, 1961 for the assessment year 2012-13. The dispute arose from payments made for lounge facilities, initially treated as rent by the Assessing Officer demanding tax withholding at 10%. The ITAT held that the payments were for services, not rent, in line with section 194C. The ITAT emphasized adherence to higher court decisions, criticized the authorities for technicalities with minimal revenue implications, and granted relief by deleting the tax demands. Case-Laws Income Tax Mon, 05 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409379