ESPN Star Sports gets tax breather, ITAT not to add ₹752 crore to its income for AY15

The company had declared income of ₹90 crore for AY 2014-15. Its income-tax return came under scrutiny and the assessing officer sought to make an addition of ₹752 crore to the company's income, which was transferred by it to its parent. Tax authorities claimed that this payment was royalty, a contention challenged by ESPN Start Sports which filed an objection before the dispute resolution panel saying that the income cannot be treated as royalty.

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