https://www.taxtmi.com/caselaws?id=242634 Consideration paid for live telecast of horse races was treated as a reciprocal sharing of income, not payment for any grant of rights, licence, or use of copyright. A live event did not amount to a protected work, so the payment fell outside the definition of royalty under section 9(1)(vi). As a result, no tax deduction obligation arose under section 194J, and the consequential disallowance under section 40a(ia) was unsustainable. en-us Fri, 14 Jun 2013 00:00:00 +0530 Sun, 19 Jan 2014 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242634 Consideration paid for live telecast of horse races was treated as a reciprocal sharing of income, not payment for any grant of rights, licence, or use of copyright. A live event did not amount to a protected work, so the payment fell outside the definition of royalty under section 9(1)(vi). As a result, no tax deduction obligation arose under section 194J, and the consequential disallowance under section 40a(ia) was unsustainable. Case-Laws Income Tax Fri, 14 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242634