Dismissing the appeal of the revenue the Court held that the ITAT is correct in holding that the placement fees/carriage fees paid to cable operators/MSO/DTH operators are payments for work contract covered u/s 194C and not fees for technical services u/s 194J. Followed CIT v. UTV Entertainment Television Ltd (2017) 399 ITR 443 (Bom.)(HC). (Zee Entertainment) (2006-07, 2007-08, 2008-09, 2009-10 and 2010-11)
CIT v. UTV News Ltd. (2020) 117 taxmann.com 137 (Bom.)(HC) CIT v. Zee Entertainment Enterprises Ltd (2020) 117 taxmann.com 131 (Bom.)(HC) CIT v. Zoom Entertainment Network Ltd. (2020) 117 taxmann.com 111 (Bom.)(HC) Editorial : SLP of revenue is dismissed due to low tax effect, CIT v. UTV News Ltd. (2020) 272 Taxman 114 (SC),CIT v. Zee Entertainment Enterprises Ltd. (2020) 272 Taxman 116 (SC), CIT v. Zoom Entertainment Network Ltd. (2020) 272 Taxman 101 (SC)
S. 194C : Deduction at source-Contractors-Cable operator /MSO/DTH operators-Payment is covered under section 194C and not under section 194J. [S. 194J, 201 (1A)