Expenditure of acquisition of distribution rights of feature ...

Film Distribution Costs Not Deductible Without Income Recorded; No Deduction for Non-Exploited Films.

June 30, 2018

Case Laws Income Tax HC

Expenditure of acquisition of distribution rights of feature film - There can be no deduction permissible on the cost of acquisition without generation of income credited in the books of account. The subject films were never commercially exploited and generated absolutely no income.

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Expenditure of acquisition of distribution rights of feature ...

Film Distribution Costs Not Deductible Without Income Recorded; No Deduction for Non-Exploited Films.

June 30, 2018

Case Laws Income Tax HC

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