Section 194I: Rent for use of Land includes lease, sub-lease, tenancy payment

CIT (TDS) Vs Jaypee Sports International Ltd. (Allahabad High Court)

Word ‘rent’ means any payment by whatever name called under any lease, sub-lease, tenancy or any other agreement or arrangement for the use of any land and came to the conclusion that lease money or annual rent is rent within the meaning of section 194-I of the Act.

FULL TEXT OF THE HIGH COURT ORDER / JUDGMENT

Heard learned counsel for the department Sri Gaurav Mahajan and learned counsel for the respondent Ms. Pooja Agarwal.

As the controversy involved in these appeals is identical, the same is being decided by the common order treating the Income Tax Appeal no.63 of 2018 as the leading case.

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