Trademark depreciation and section 14A adjustments: ITAT applies consistency, independent book-profit computation, and no disallowance without exempt ...
Rebuttable search presumptions and corroboration standards shaped deletion of unsubstantiated additions, while rental income and limited profit estima...
Classification of services - Licensing Services for The Right to Broadcast and Show Original Films, Sound Recordings, Radio and Television Programmes Etc - The AAAR upheld the original classification under SAC 999614. It reasoned that the appellant's focus was more on the exhibition (leasing out rights for a specific period) rather than outright licensing for reproduction and distribution (as defined under SAC 997332). The authority emphasized that a proper understanding of the appellant’s contractual agreements was crucial, which appeared to be lacking or inconsistent with their claims.
Classification of services - Licensing Services for The Right to Broadcast and Show Original Films, Sound Recordings, Radio and Television Programmes Etc - The AAAR upheld the original classification under SAC 999614. It reasoned that the appellant's focus was more on the exhibition (leasing out rights for a specific period) rather than outright licensing for reproduction and distribution (as defined under SAC 997332). The authority emphasized that a proper understanding of the appellant’s contractual agreements was crucial, which appeared to be lacking or inconsistent with their claims.
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