Revenue Sharing Agreement In India

05 Oct Revenue Sharing Agreement In India

the facts and circumstances of this case.4. Assessee argued that the agreement in question was a revenue-sharing agreement and that no deduction from withholding tax was therefore necessary. . the facts and circumstances of this case.4. Assessee argued that the agreement in question was a revenue-sharing agreement and that no deduction from withholding tax was therefore necessary. Broadcast of cricket matches on television and advertisements displayed during cricket matches in the ground. The right to the distribution of income from the above-mentioned activities is a privilege. It is not the other way around. Therefore, the input VAT deduction element of TDS is not relevant to the revenue allocation.4.2. .

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