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ITAT remanded matter as revenue sharing though christened as royalty yet wasn’t royalty

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  • ITAT remanded matter as revenue sharing though christened as royalty yet wasn’t royalty
Posted onon June 24, 2018

Tenet Tax Daily June 23 2018

By tenettax-team
Corporate Tax

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No sec. 69C additions if sum towards purchase of paintings was paid through proper banking channel
Exp. incurred to improve quality of existing products was allowable as revenue exp.: Gujarat HC

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