Monday, June 18, 2018

Sale consideration of copyrighted software couldn't be taxed as royalty: Mumbai ITAT

IT/ILT : Consideration received by assessee from various entities on account of sale of software was not royalty within meaning of Article 13 of India UK DTAA

from www.taxmann.com Latest Case Laws https://ift.tt/2JLn4Cl

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...