https://www.taxtmi.com/caselaws?id=299133 The Tribunal overturned the CIT(A)'s decision, ruling that the appellant was not a conduit for Star Ltd and that advertising revenues should be taxed in the hands of the assessee company, not Star Ltd. The Tribunal directed the CIT(A) to reevaluate the taxability of income from advertising time sales and address all issues raised by the appellant. The judgment underscores the significance of legal precedents, commercial justifications, and proper adjudication in resolving tax disputes effectively. en-us Fri, 21 May 2010 00:00:00 +0530 Sat, 04 Dec 2021 12:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299133 The Tribunal overturned the CIT(A)'s decision, ruling that the appellant was not a conduit for Star Ltd and that advertising revenues should be taxed in the hands of the assessee company, not Star Ltd. The Tribunal directed the CIT(A) to reevaluate the taxability of income from advertising time sales and address all issues raised by the appellant. The judgment underscores the significance of legal precedents, commercial justifications, and proper adjudication in resolving tax disputes effectively. Case-Laws Income Tax Fri, 21 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299133