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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Grant of satellite rights - the transfer in favour of the ...


Satellite Rights Transfer is a Sale, Not Royalty, Under Income Tax Act Section 9(1) Explanation II (5.

October 9, 2014

Case Laws     Income Tax     HC

Grant of satellite rights - the transfer in favour of the assessee is a sale and therefore, excluded from the definition of royalty under sec.9(1) explanation II (5) of the Act – thus, the Tribunal has erred in concluding that the payments made by the appellant are Royalty and not sale - HC

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