https://www.taxtmi.com/caselaws?id=379501 The High Court of Bombay dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the Assessment Year 2010-11. The Court upheld the Tribunal's decision that Channel Placement fees do not qualify as Royalty under Section 9(1)(vi) of the Income Tax Act and cannot be disallowed under Section 40(a)(ia) for tax deduction under the incorrect section. The Court relied on precedent cases and found no new substantial legal questions to consider, leading to the dismissal of the appeal. en-us Tue, 05 Mar 2019 00:00:00 +0530 Mon, 29 Jun 2026 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379501 The High Court of Bombay dismissed the appeal challenging the Income Tax Appellate Tribunal's order for the Assessment Year 2010-11. The Court upheld the Tribunal's decision that Channel Placement fees do not qualify as Royalty under Section 9(1)(vi) of the Income Tax Act and cannot be disallowed under Section 40(a)(ia) for tax deduction under the incorrect section. The Court relied on precedent cases and found no new substantial legal questions to consider, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 05 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379501