Payments for transponder hire charges cannot be treated as ‘royalty’

Times Global Broadcasting Co Ltd Vs. DCIT [ITAT Mumbai)

ITAT held that the amount paid towards transponder²hire charges by a TV Channel company to a non-resident cannot be treated as ‘royalty’ under the Income-tax Act, 1961 (the Act). The Tribunal relying on the Please become a Premium member. If you are already a Premium member, login here to access the full content.