High Court Rules OMDA Not a Franchise Under Finance Act Section 65(47); AAI Transaction Not Taxable Service u/s 65(105)(zze.

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....Joint Development Agreement - The OMDA does not constitute a “Franchise” in terms of Section 65(47) of the Finance Act and the transaction between the Petitioners and AAI does not constitute a taxable service in terms of section 65(105) (zze) of the Finance Act - HC....