The Income Tax Appellate Tribunal (ITAT) delivered its decision on 29 August 2012 in the case of Channel Guide India Limited v. ACIT (TS-662-ITAT-2012) that consideration for satellite up-linking facilities and telecasting programmes cannot be treated as an income chargeable to tax in the hands of the recipient under the Income Tax Act, 1961 (ITA). Therefore, there was no disallowa…