Delhi Income Tax Appellate Tribunal holds that License Fees Received Towards Live Transmission of Cricket Matches Held in Australia is not Taxable as Royalty in India

Recently, the Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that the licence fees received by the assessee for live transmissions of cricket matches held in Australia are not taxable in India as royalty. The bench of G.S. Pannu (Vice President) and Anubhav Sharma (Judicial Member) observed that for any payment to fall within the scope of royalty, there has to be some kind of transfer of rights and in the present case, the Balakrishna Industries Limited (BAL) did not had exclusive rights to use the logo of the assessee, the Big Bash League (BBL). (Cricket Australia vs. ACIT, International Taxation ITA No.3200/Del/2023)