Live Help

Research Box
Your Session Will Expire in   seconds.
What should we do?
Reset SessionCancel Session
 

ITAT remanded matter to examine whether payment made for acquiring software licence was royalty

December 31, 2018[2018] 100 taxmann.com 464 (Chennai - Trib.)

IT/ILT: Where assessee, engaged in business of software development paid annual maintenance charges to various Non-Resident companies which was regarded as fee for technical services taxable in India, in view of fact that revenue authorities did not go into question whether non-resident companies made available any technical knowledge to assessee through AMCs, impugned order was to be set aside and, matter was to be remanded back for disposal afresh

IT/ILT: Where assessee made payments to a Singapore based company for acquiring licence for software which was treated as royalty by revenue authorities liable to tax in India, in view of fact that no examination was done on real nature of software, whether it was firmware or embedded software or standalone software impugned order was to be set aside and, matter was to be remanded back for disposal afresh

read more

taxmann.com
Payment
Best view in 1140 x 768