Tuesday, September 17, 2019

Sum paid for acquiring copyrighted software couldn't be taxed as royalty: Pune ITAT

INTERNATIONAL TAXATION: Payment made by assessee-company to its foreign based AE for purchase of copyrighted software would not be termed as 'payment of royalty' under provision of section 9(1)(vi)

from www.taxmann.com Latest Case Laws https://ift.tt/2LBDw7m

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

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