{"id":35944,"date":"2023-08-27T20:48:27","date_gmt":"2023-08-27T15:18:27","guid":{"rendered":"https:\/\/itatonline.org\/digest\/interglobe-aviation-ltd-indigo-v-add-cit-202295-itr-586-delhi-trib\/"},"modified":"2023-08-27T20:48:27","modified_gmt":"2023-08-27T15:18:27","slug":"interglobe-aviation-ltd-indigo-v-add-cit-202295-itr-586-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/interglobe-aviation-ltd-indigo-v-add-cit-202295-itr-586-delhi-trib\/","title":{"rendered":"Interglobe Aviation Ltd. (Indigo) v. Add. CIT (2022)95 ITR 586 (Delhi) (Trib)"},"content":{"rendered":"<p>Assessee assigning rights to purchase Aircraft in favour of\u00a0 lessors in Ireland who thereafter purchased Aircraft and gave them on operating lease to assessee. Ownership of Aircraft with lessor Supplementary rent mandatory payment for use of\u00a0 Aircrafts\u00a0 allowable as deduction. Supplementary rent exempt from tax in hands of\u00a0 lessors.\u00a0 Disallowance cannot be made\u00a0 for failure to deduct tax at source. Rentals received under agreements executed after 1-4-2007 not chargeable to tax in India as per\u00a0 Double Taxation Avoidance agreement between India and Ireland. Lease rent cannot be treated as interest.\u00a0 (AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Lease of Aircraft-Ownership of  Aircraft with lessor-Not liable to deduct tax at source-Operating lease-Interest-DTAA-India-Ireland. [S. 10(15A),195, Art. 8, 12]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-35944","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-9lK","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=35944"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35944\/revisions"}],"predecessor-version":[{"id":35945,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/35944\/revisions\/35945"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=35944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=35944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}