Relief to BBC: No Income Tax on Receipt from Distribution of News in India, rules ITAT [Read Order]

BBC - No - Income - Tax - on - Receipt - from - Distribution - of - News - in - India - rules - ITAT - TAXSCAN

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has recently ruled that BBC World Distribution Limited (BBCWD) is not liable to income tax for distribution of channels in India. BBCWN, the owner of BBC World News Channel had granted the right to the assessee-BBC World Distribution Limited (BBCWD), to distribute the channel in India….

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