https://www.taxtmi.com/caselaws?id=2481 The High Court of Madras upheld the eligibility of transactions involving exploitation rights for deduction claims under Section 80HHC for exporting film prints. It ruled that transferring rights to exhibit films qualifies as a sale of goods, entitling the assessee to the deduction. The Court dismissed the tax case appeals, citing previous judgments and aligning its decision with interpretations of other courts and principles set by the Supreme Court. The appeals were rejected, and no costs were awarded, with a related miscellaneous petition also being dismissed. en-us Tue, 02 Jan 2007 00:00:00 +0530 Thu, 31 Jul 2008 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2481 The High Court of Madras upheld the eligibility of transactions involving exploitation rights for deduction claims under Section 80HHC for exporting film prints. It ruled that transferring rights to exhibit films qualifies as a sale of goods, entitling the assessee to the deduction. The Court dismissed the tax case appeals, citing previous judgments and aligning its decision with interpretations of other courts and principles set by the Supreme Court. The appeals were rejected, and no costs were awarded, with a related miscellaneous petition also being dismissed. Case-Laws Income Tax Tue, 02 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2481