https://www.taxtmi.com/caselaws?id=261720 The Tribunal upheld the CIT (A)'s decision, confirming that the payments for satellite rights were for outright sales and not royalties. Consequently, Section 194J was deemed inapplicable, leading to the deletion of the disallowance under Section 40(a)(ia). The alternative argument regarding depreciation was considered irrelevant in light of the primary findings. en-us Fri, 03 Jul 2015 00:00:00 +0530 Mon, 17 Aug 2015 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261720 The Tribunal upheld the CIT (A)'s decision, confirming that the payments for satellite rights were for outright sales and not royalties. Consequently, Section 194J was deemed inapplicable, leading to the deletion of the disallowance under Section 40(a)(ia). The alternative argument regarding depreciation was considered irrelevant in light of the primary findings. Case-Laws Income Tax Fri, 03 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261720