Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

The master plate of one movie cannot be used for another and for ...

Income Tax

August 31, 2015

The master plate of one movie cannot be used for another and for every movie a new and different master plate is required; indicating that the master plate is nothing more than raw material - expenditure is in the nature of revenue and allowed - AT

View Source

 


 

You may also like:

  1. Liability to deduct TDS u/s 194C - cinecasting/distribution of movies would be outside the purview of section 194C of the Income Tax Act, 1961 requiring tax deduction at...

  2. Refund of duty paid in Cash - manufacturing of cement - different rates when manufactured using Clinker and using Limestone & Gypsum - exemption is required to be...

  3. Valuation - Inclusion of expenditure in developing the art work and plate making charges - no case is made to indicate that such art work/plates were used in the...

  4. Classification of imported goods - second and defective Plate - between the different competing chapter headings 7204 is more appropriate because the goods are more in...

  5. Master Direction – Foreign Investment in India - Master Direction

  6. Master Direction – Reporting under Foreign Exchange Management Act, 1999 - Master Direction

  7. Manpower recruitment or supply Agency Services - the appellant was required to arrange for masters, officers and crew on-board the vessel - demand and penalty confirmed - AT

  8. CENVAT Credit - input - HR coils - MS plates - HT strappings - HRSS plates - GI flat - Grate Plate - CI Bend - MS Boiler Plates - SS Plates - these items are part and...

  9. Supply in the nature of sales or works contract - Merely because in the contract for laying down pipelines, a particular quality and / or thickness of the steel plates...

  10. Profiteering - supply of Services by way of admission to exhibition of cinematograph films where the price of admission ticket was one hundred rupees or less - despite...

 

Quick Updates:Latest Updates