https://www.taxtmi.com/highlights?id=73874 Income taxable in India - royalty receipts - copyright - Light to broadcast “Live events” - when the agreements clearly bifurcate the consideration paid towards Live and “Non-Live Rights”, the Department can’t deem the payment made for “Live Rights” to have been made for a bouquet of rights. - the payments in dispute are not made for use of any “process” as defined u/s 9(1)(vi) of the Act and can’t be charged to tax as “Royalty” in the hands of the overseas rights holders. - AT en-us Mon, 01 Jan 2024 07:15:45 +0530 Mon, 01 Jan 2024 07:15:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73874 Income taxable in India - royalty receipts - copyright - Light to broadcast “Live events” - when the agreements clearly bifurcate the consideration paid towards Live and “Non-Live Rights”, the Department can’t deem the payment made for “Live Rights” to have been made for a bouquet of rights. - the payments in dispute are not made for use of any “process” as defined u/s 9(1)(vi) of the Act and can’t be charged to tax as “Royalty” in the hands of the overseas rights holders. - AT Highlights Income Tax Mon, 01 Jan 2024 07:15:45 +0530 https://www.taxtmi.com/highlights?id=73874