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2014 (2) TMI 1352 - AT - Income TaxExpenditure incurred for purchase of audio and video rights of feature films for production of cassettes and CDs - nature of expenditure - revenue or capital expenditure - HELD THAT:- Issue as considered by the Tribunal in assessee’s own case for earlier years [2013 (1) TMI 983 - ITAT MUMBAI] and after considering relevant facts held that expenditure incurred for purchase of master plates is revenue in nature. - Decided in favour of assessee.
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