Nature of payments made by assessee franchise to BCCI towards ...
IPL Franchise Fee for Deccan Chargers Classified as Revenue Due to Non-Permanent Rights Under BCCI Agreement.
December 25, 2015
Case Laws Income Tax AT
Nature of payments made by assessee franchise to BCCI towards right to operate IPL franchises of 'Deccan Chargers' (DC) for a period of ten years - the franchise fee paid is revenue in nature because by making such annual payment the appellant does not acquire any rights of permanent nature - AT
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