. Operation as a hotel under the contract of participation in turnover of 01.04.2009 In accordance with the agreement, all the activity on the land of Neemrana Hotel Group is planned for the operation of one. The hotel and all related expenses are the responsibility of the hotel. In accordance with the revenue participation agreement, the complainant will receive 10% of the gross operating margin calculated according to the formula defined in the agreement. Revenue sharing agreement with M/s. Neemarana Hotel Pvt. Ltd. for the operation of Neemarana Fort Palace as a “heritage hotel”. The authenticity of the agreement has not been disputed or called into question by the revenues. That`s right.
There is little or no legislation with respect to such an agreement, which allows the parties to conclude more or less the agreement they have chosen. . Revenue Sharing AgreementThe current revenue sharing agreement was the result of discussions and consultations between the two groups in the entertainment industry i.. Content producers and exhibitors in the context of the boycott of exhibitors by producers/distributors in 2009. The terms of the revenue equity agreement were reversed. . of the programs produced. Since it is a joint venture, they have entered into a revenue participation agreement with M/s UEL.
Therefore, no tax can be levied for this service, as it is in the nature of self-service and also. of the agreement, while UEL`s in paragraph 2 and the distribution of advertising revenues are included in clause 3. . . .