Judicial update: In order to apply the provisions of section194I - TopicsExpress



          

Judicial update: In order to apply the provisions of section194I of I T Act, the payment must be under an agreement of lease/sub lease/tenancy etc. Thus payment made by an airline for using the runway for landing or take off or for parking the aircraft would not fall within the ambit of section 194I. Held by Mad HC in case of Singapore Airlines. Note: Applying the same logic,in my opinion, payment made for temporary use of property e.g. conference hall or marriage place etc would not fall u/s 194I.
Posted on: Tue, 12 Nov 2013 06:37:31 +0000

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