Case Law Details
Case Name : Techno Shares & Stocks Ltd Vs. CIT (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
The SC has reversed the view of the Bombay High Court which had held that the term “business or commercial rights” and “licence” are referable to a class of intellectual property rights such as know-how, patents, copyrights, trademarks etc. The SC has held that the “business or commercial rights” need not be similar to a “license” or “franchise” or other classes of intellectual property rights to be considered as an intangible asset.
It was held that the right of membership conferred upon a member under BSE membership card in terms of rules and bye laws of BSE was a busines...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Dear Sir,
I am chasing my banks to get the TDS
credits corrected in TIN-NSDL database to match with the TDS certificates issued by them. But, all banks are not able to do it due to some unknown reasons to me. This means even though banks have deducted TDS for which they have issued the certificates, I may not get the credit for all amount of TDS. If IT department does not give credit for a TDS then it should not consider the corresponding income too.