https://www.taxtmi.com/caselaws?id=469556 Franchise fees incurred to secure the right to participate in the Indian Premier League were questioned as to whether they constitute revenue expenditure. The High Court admitted the appeal on the substantial question of law concerning the correct tax characterisation of that expenditure. en-us Mon, 11 Nov 2019 00:00:00 +0530 Mon, 22 Jun 2026 16:53:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469556 Franchise fees incurred to secure the right to participate in the Indian Premier League were questioned as to whether they constitute revenue expenditure. The High Court admitted the appeal on the substantial question of law concerning the correct tax characterisation of that expenditure. Case-Laws Income Tax Mon, 11 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469556