Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
No Service Tax Payable on Revenue Sharing Arrangement between Exhibitors & Distributors of Films:
The CESTAT ruled that no service tax is payable on revenue-sharing arrangements between exhibitors and distributors of films. The tribunal recognized that these transactions are not taxable as services, providing clarity on the tax treatment of such revenue-sharing agreements in the film industry.