https://www.taxtmi.com/caselaws?id=211786 The High Court upheld the Revenue's appeal, ruling that consideration paid by Indian customers to foreign suppliers for the right to use software/computer programs constituted 'royalty' under the Income-tax Act, 1961. The court emphasized the obligation to deduct tax at the source, aligning with precedents and affirming taxation of such payments in India. This decision clarified the legal framework on royalty payments, ensuring consistent interpretation and tax implications for similar transactions. en-us Tue, 21 Feb 2012 00:00:00 +0530 Wed, 04 Apr 2012 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211786 The High Court upheld the Revenue's appeal, ruling that consideration paid by Indian customers to foreign suppliers for the right to use software/computer programs constituted 'royalty' under the Income-tax Act, 1961. The court emphasized the obligation to deduct tax at the source, aligning with precedents and affirming taxation of such payments in India. This decision clarified the legal framework on royalty payments, ensuring consistent interpretation and tax implications for similar transactions. Case-Laws Income Tax Tue, 21 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211786