Case of CIT vs Mahagun (India) Pvt Ltd, HC Delhi Judgement Dated 9th February 2026. HC reaffirmed that annual lease rent paid to Greater Noida Development Authority attracts TDS under Section 194I of the Income Tax Act. It had allowed the assessee appeal by relying on the earlier High Court ruling in Rajesh Projects (India) Pvt Ltd vs CIT (TDS)-II, which held that lease rent paid for use of land constitutes “rent” within the meaning of Section 194I and is therefore subject to TDS. This position was affirmed by the Supreme Court in New Okhla Industrial Development Authority vs CIT.