The Supreme Court today stayed the judgment of the Delhi High court which had held that any part of the payment received by hoteliers from persons other than individuals and HUFs, can be construed as ‘rent’, within the meaning of Section 194-I of the Income Tax Act. In an appeal filed by the Federation of Hotel and Restaurant Association of India (petitioner), a Bench comprising Justices Anil R Dave and L Nageswara Rao issued notice to the Central government and the Income Tax Department and stayed the judgment of the Delhi High Court. Advocate Sameer Parekh, Managing Partner at Parekh […]
The post Is hotel room charge “rent” under Section 194-I of Income Tax Act? SC to decide
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