Last evening, Elton was among the winners at the 52nd Ivor Novello Awards.
The Scissor Sisters smash, I Don't Feel Like Dancin', which he co-wrote, was named PRS's (Performing Right Society) most performed work.
The band's frontman, Jake Shears, praised the older performer as he received the accolade.
"This is really special. I want to give a big shout out and thank you to Elton," he said.
"About 18 months ago, I was so depressed and Elton was doing nothing short of tap dancing and pulling my eyeballs out to make me feel better. Elton came into the studio and we wrote the song.
"This is a great day to feel not just like a colleague of Elton's but to call him a friend too."
Elton caused a stir when he addressed Alex Turner of the Arctic Monkeys when he went up to the stage at London's Grosvenor House Hotel.
He joked, ''Alex, I'm off to Sheffield in the helicopter right after if you fancy a lift."
Later, he got more laughs when he told Amy Winehouse: ''Amy - I worship at your feet. But I want to come round and meet your mum so don't cancel on me again!"
Other recognitions included The Feeling, named songwriters of the year; Peter Gabriel, garnering the lifetime achievement award, and Quincy Jones, getting the special international award.
The awards are named after an early 20th-century musician and songwriter, who composed hits including Keep The Home Fires Burning and Well Gather Lilacs.
They are presented by the British Academy of Composers & Songwriters.