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2004 (3) TMI 58 - HC - Income TaxDeduction claimed by the assessee under section 80HHC - Beta-earn tapes - word "goods" or "merchandise" - Beta-earn tapes make the film available at 35 mm cinematography, compatible for transmission and telecast - the beta-cam tape, which has incorporeal rights, is a "goods" or "merchandise" for the purposes of section 80HHC - beta-cam tapes are goods or merchandise and the transactions in question involve export of goods out of India falling within the sweep of the words "sale or otherwise" - AO was not justified in refusing to treat beta-earn tapes as "goods" or "merchandise" for the purposes of section 80HHC
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