https://www.taxtmi.com/caselaws?id=248506 The Tribunal ruled in favor of the assessee, directing deletion of the disallowance of pay channel charges under sec. 40(a)(ia) for failure to deduct tax at source, as the charges were not considered as royalty subject to TDS. The decision was based on the interpretation of "royalty" under Explanation 2 to sec. 9(1) and the clarification added by Explanation 6 through the Finance Act, 2012. The Tribunal held that the amendments did not impose TDS liability on the pay channel charges, in line with the Asia Satellite Telecommunications Co. Ltd. case. en-us Fri, 06 Jun 2014 00:00:00 +0530 Wed, 25 Feb 2015 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248506 The Tribunal ruled in favor of the assessee, directing deletion of the disallowance of pay channel charges under sec. 40(a)(ia) for failure to deduct tax at source, as the charges were not considered as royalty subject to TDS. The decision was based on the interpretation of "royalty" under Explanation 2 to sec. 9(1) and the clarification added by Explanation 6 through the Finance Act, 2012. The Tribunal held that the amendments did not impose TDS liability on the pay channel charges, in line with the Asia Satellite Telecommunications Co. Ltd. case. Case-Laws Income Tax Fri, 06 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248506