Explains how control and statutory liability rest with the Data Fiduciary, while Data Processors operate under contractual instructions with indirect exposure.
Using Instagram’s free music in business promotions is treated as commercial use. The key takeaway is that companies must obtain licences to avoid copyright infringement.
Understand Toll Collection Rights as intangible assets under Schedule III of the Companies Act, 2013. Explore the legal treatment, taxation, and depreciation benefits for project developers. Clarifications from the Hyderabad Special Bench of the Income-Tax Appellate Tribunal are discussed regarding the nature of toll collection rights as intangible assets, despite CBDT circulars.