Relief to Sajid Nadiadwala: ITAT allows Claim of Amount paid for Sale of Remake Rights by ‘Baaghi’ Makers [Read Order]

Sajid Nadiadwala - ITAT - Baaghi - Makers - Taxscan

In a major relief to Nadiadwala Grandson Entertainment Pvt. Ltd, owned by Sajid Nadiadwala, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has allowed a claim of consideration paid towards the sale remake rights of Telugu movie ‘Varsham’ remade as ‘Baaghi’ in Bollywood. The income tax department was of the view that Viking…

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