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2009 (3) TMI 4 - SC - Income TaxWhether the foreign exchange earned by transferring the right of exploitation of the films outside India by way of lease is admissible for deduction u/s 80HHC – Department submit that movies/films are not goods/merchandise - held that such "rights" would fall in the category of articles of trade and commerce, hence, merchandise – further, there is merit in the contention of assessee that u/r 9A & 9B, the word "lease" is included in the word "sale" hence subject transaction will fall u/s 80HHC
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