No infirmity in referring matter to TPO if assessee wrongly reported higher value of transaction in Form No. 3CEB

INCOME TAX: Where assessee developed 'digital content/animation software' utilized in multimedia and entertainment industry which are stored in hard disc of computer, this digital content was a copyrighted intangible asset to be used in various films etc. and, therefore, assessee was eligible for depreciation at rate of 25 per cent

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