Star Music Versus Deputy Commissioner of Income-tax - Income Tax - ITAT CHENNAI - Tri - Assessment u/s 263 Held that - Following Tips Cassettes and Record Co. 2000 (7) TMI 210 - ITAT BOMBAY-E - the assessee was a dealer of music and the nature of capital or revenue vis-a-vis various expenditure has to be considered on this point. Since the assessee was dealer in music, the master plate or in turn the rights which enable the assessee to obtain the master plate (assignment of copyrights) becom................................... Income Tax - Case Laws
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