Use of Trademark incidental to Advertisement is Business Income, Not Royalty and FTS: Delhi HC grants relief to Hyatt International [Read Order]

In a major relief to Hyatt International Southwest Asia, the Delhi HC ruled that the use of trademark incidental to advertisement is business income and not Royalty and FTS
Use of Trademark - Business Income - Royalty - FTS - Delhi HC - Hyatt International - Delhi HC grants relief to Hyatt International - taxscan

In a major relief to Hyatt International Southwest Asia, the Delhi High Court ruled that the use of trademark incidental to advertisement is business income and not Royalty and fees for technical services (FTS). The assessee has filed the present appeals under Section 260A of the Income Tax Act, 1961 (impugning the orders passed by…

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