Tuesday, August 28, 2018

Sum received from Indian Forex dealers for use of system that matches deal with other dealers held as royalty

IT/ILT: Providing Forex dealers 'deal matching' softwares/system for accessing to data/information available at assessee's server helping them in sale-purchase of foreign exchange amounted to providing 'information concerning technical, commercial or scientific work'; receipt would be royalty

from www.taxmann.com Latest Case Laws https://ift.tt/2N13vXo

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