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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Acquiring satellite rights of films - whether are in the nature ...


Satellite Rights for Films Not Considered 'Royalty' Under IT Act; No Tax Deduction Required u/s 194J.

July 31, 2015

Case Laws     Income Tax     AT

Acquiring satellite rights of films - whether are in the nature of 'royalty' as defined u/s. 9(1) Explanation (2) of the Income Tax Act thereby requiring deduction of tax at source in terms with Section 194J - Held No - AT

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