https://www.taxtmi.com/caselaws?id=339286 The tribunal held that dubbing costs incurred by the appellant for translating foreign language entertainment programs into Indian languages should be treated as capital expenditure, forming part of the cost of acquiring rights and amortized along with the license fee. The tribunal found that without incurring dubbing costs, the asset (license) could not be utilized for revenue generation. Consequently, the tribunal allowed the Revenue's appeal for the assessment year 2010-11 regarding the treatment of dubbing costs for broadcasting on the appellant's television channel 'Hungama.' en-us Fri, 23 Dec 2016 00:00:00 +0530 Fri, 24 Feb 2017 00:35:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339286 The tribunal held that dubbing costs incurred by the appellant for translating foreign language entertainment programs into Indian languages should be treated as capital expenditure, forming part of the cost of acquiring rights and amortized along with the license fee. The tribunal found that without incurring dubbing costs, the asset (license) could not be utilized for revenue generation. Consequently, the tribunal allowed the Revenue's appeal for the assessment year 2010-11 regarding the treatment of dubbing costs for broadcasting on the appellant's television channel 'Hungama.' Case-Laws Income Tax Fri, 23 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339286