https://www.taxtmi.com/caselaws?id=256638 The High Court upheld the Tribunal's decision that cinecasting/distribution of movies does not fall under Section 194C of the Income Tax Act, 1961. The Court agreed that the distributor did not perform any work for the exhibitor but entered into a revenue-sharing agreement. Therefore, the assessee was not obligated to deduct tax at source for payments to the distributor. The Court dismissed the Revenue's appeals, ruling in favor of the assessee. en-us Fri, 28 Nov 2014 00:00:00 +0530 Wed, 18 Feb 2015 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256638 The High Court upheld the Tribunal's decision that cinecasting/distribution of movies does not fall under Section 194C of the Income Tax Act, 1961. The Court agreed that the distributor did not perform any work for the exhibitor but entered into a revenue-sharing agreement. Therefore, the assessee was not obligated to deduct tax at source for payments to the distributor. The Court dismissed the Revenue's appeals, ruling in favor of the assessee. Case-Laws Income Tax Fri, 28 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256638