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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Payments made for acquiring television rights amount to royalty ...

Case Laws     Income Tax

December 26, 2013

Payments made for acquiring television rights amount to royalty -The nature of transaction, being a perpetual transfer for a period of 99 years, would undoubtedly fall within the scope of sale - excluded from the definition of Royalty - HC

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