Charges paid by ‘Star India’ for placing signals on preferred band liable for Sec. 194C TDS

TRANSFER PRICING: Where assessee, acting as agent for advertising as well as for overseas media companies and carried all channel subscription business., paid certain amount towards brand license and claimed depreciation, in view of fact that said fee had been approved by RBI, therefore no disallowance of expenses could be made

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000195147/charges-paid-by-‘star-india’-for-placing-signals-on-preferred-band-liable-for-sec-194c-tds.aspx