https://www.taxtmi.com/caselaws?id=241489 The Tribunal upheld the relief allowed by the ld. CIT(A) regarding the provision made for royalty payment to Phonographic Performance Ltd. at Rs. 660 per needle hour, based on the Copyright Board's order. However, the issue of deletion of disallowance out of provision made for advertisement and marketing cost of Rs. 24,75,876 was remanded back to the AO for fresh consideration, providing the assessee with a reasonable opportunity to be heard. The Revenue's appeal was partly allowed for statistical purposes. en-us Wed, 13 Feb 2013 00:00:00 +0530 Wed, 25 Dec 2013 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241489 The Tribunal upheld the relief allowed by the ld. CIT(A) regarding the provision made for royalty payment to Phonographic Performance Ltd. at Rs. 660 per needle hour, based on the Copyright Board's order. However, the issue of deletion of disallowance out of provision made for advertisement and marketing cost of Rs. 24,75,876 was remanded back to the AO for fresh consideration, providing the assessee with a reasonable opportunity to be heard. The Revenue's appeal was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 13 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241489