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![Payment by ITC Ltd to Airport Authority of India for Use of Lounge Premises is ‘Rent’: Delhi HC [Read Judgment] Payment by ITC Ltd to Airport Authority of India for Use of Lounge Premises is ‘Rent’: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg)
Payment by ITC Ltd to Airport Authority of India for Use of Lounge Premises is ‘Rent’: Delhi HC [Read Judgment]
A division bench of the Delhi High Court in CIT v. ITC Ltd, held that the payment of royalty made by the Assessee to the Airport Authority of India...