Wednesday, 5 August 2015

Landing and parking charges for Aircrafts are not for ‘use of land’; attract Sec. 194C TDS

IT: Landing and parking charges payable by Airlines in respect of aircrafts are not for the 'use of land' per se but the charges are in respect of number of facilities provided by the Airport Authority of India. Thus, landing and parking charges payable by Airlines would attract TDS under Section 194C and not under Section 194-I.

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