https://www.taxtmi.com/caselaws?id=66028 The Tribunal upheld the decision that the excess amounts retained by the assessee over the actual expenses incurred in publicity and advertisements were not required to be refunded to the producers and were considered as receipts in the business of film distribution. The Tribunal dismissed the appeal, confirming that the surplus amounts saved from the budgeted expenditure did not need to be refunded, as there was no contractual obligation to do so. en-us Fri, 25 Nov 1988 00:00:00 +0530 Mon, 21 Feb 2011 10:02:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66028 The Tribunal upheld the decision that the excess amounts retained by the assessee over the actual expenses incurred in publicity and advertisements were not required to be refunded to the producers and were considered as receipts in the business of film distribution. The Tribunal dismissed the appeal, confirming that the surplus amounts saved from the budgeted expenditure did not need to be refunded, as there was no contractual obligation to do so. Case-Laws Income Tax Fri, 25 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66028