Wednesday, September 4, 2019

Allocation of direct cost between AE and Non-AE transactions was to be on actual basis rather than on turnover basis

IT/ILT : Payment on account of software licenses does not fall under definition of royalty and, therefore, assessee is under no obligation to deduct tax at source on payment for software license

from www.taxmann.com Latest Case Laws https://ift.tt/2ZO8hdj
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