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
By Kalyani B. Nair - On January 6, 2024 12:12 pm - 2 mins read
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…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader