Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

No deduction towards acquisition of satellite distribution rights if films weren't exhibited on commercial basis

December 13, 2018[2018] 100 taxmann.com 149 (Kerala)/[2018] 408 ITR 125 (Kerala)
175 Views

IT: Where assessee's claim for deduction under rule 9B(4) in connection with acquisition of satellite distribution rights of three Malayalam films was rejected on ground that there was no exhibition of films on commercial basis during period of acquisition or in next year, in view of fact that feature films were never exhibited and there was no amount credited in profit and loss account of assessee as amount received on exhibition of films, impugned disallowance, was to be confirmed

read more

taxmann.com
Payment
Best view in 1140 x 768