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Payments made by Delhi Race Club for live telecast of horse races weren’t covered within the ambit of ‘royalties’
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Corporate Tax
Payments made by Delhi Race Club for live telecast of horse races weren’t covered within the ambit of ‘royalties’
Posted on
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December 19, 2014
Tenet Tax Daily December 17 2014
By
tenettax-team
Corporate Tax
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HC can’t review orders of SetCom; powers are confined to reviewing its decision making process rather decision itself
In reassessment cases it is to be discussed whether reason to believe constituted a change of opinion of AO