https://www.taxtmi.com/caselaws?id=235533 The Tribunal upheld the CIT(A)'s decision to delete the adjustment in the arm's length price for the export of exhibition rights of Hindi feature films. It found that the qualitative differences between television software and feature films justified applying different markups, considering the ownership rights and effort involved. The Tribunal agreed that the CIT(A)'s reasoning was valid, supporting the varied markups based on the nature of the rights held by the assessee. Consequently, the Revenue's appeal was dismissed, affirming the CIT(A)'s decision. en-us Fri, 12 Jul 2013 00:00:00 +0530 Fri, 26 Jul 2013 13:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235533 The Tribunal upheld the CIT(A)'s decision to delete the adjustment in the arm's length price for the export of exhibition rights of Hindi feature films. It found that the qualitative differences between television software and feature films justified applying different markups, considering the ownership rights and effort involved. The Tribunal agreed that the CIT(A)'s reasoning was valid, supporting the varied markups based on the nature of the rights held by the assessee. Consequently, the Revenue's appeal was dismissed, affirming the CIT(A)'s decision. Case-Laws Income Tax Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235533