TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of The ITAT held that receipts by the taxpayer from a third party for live telecast services do not constitute 'royalty' under section 9(1)(vi) and therefore are not taxable in India as royalty income. Applying the relevant precedent, the Tribunal concluded that the payment related to transmission/telecast services and did not transfer proprietary rights or constitute consideration for use of intellectual property in the manner contemplated by the royalty provision. Consequently, the grievance challenging taxation of the live-telecast receipts as royalty is allowed, and the impugned assessment adjustment treating those receipts as taxable royalty income is set aside.
TaxTMI 
TaxTMI 
