PRINCIPAL COMMISSIONER OF INCOME TAX-I vs. M/S K.S. CAPITAL SERVICES PRIVATE LIMITED
ITA/63/2024HC Rajasthan03 Jul 2024
Bench: AVNEESH JHINGAN,ASHUTOSH KUMAR
Section 153Section 250Section 254Section 263Section 264Section 2ASection 92C
143(3)/250
Rs. 125,52,57,206/-
Less:
Relief granted by the Hon'ble ITAT
(Royalty from Brew Operator Agreement) Rs 2,72,68,740/-
The other additions made in the assessment order under head
Royalty on Handsets of Rs.78,53,40,000/- and Royalty on
Infrastructure Equipments of Rs 39,04,76,313/- are also being
reduced