Assessee liable to deduct TDS under s 194C at 2 per cent on payment made for hiring the studio and utilising the dubbing facilities, which included service through the studio staff

ACIT Vs Mansih Dutt (ITAT Mumbai) IT Appeal No. 4017 (Mum.) of 2010 Assessment Year: 2007- 08 Decided on: 17 June 2011 Order N.V. Vasudevan, JM 1. This is an appeal by the revenue against the order dated 12-3-2010 of CIT(A) III, Mumbai relating to assessment year 2007-08. Ground No. 1 raised by the assessee reads as follows: “1. On the facts and in the circumstances of the case and in law, the ld. CIT(A) erred in directing to allow deduction under section 40(a)(ia) 25 per cent of the royalty paid ignoring the fact that if the payment is a royalty, the same is liable to ...