https://www.taxtmi.com/caselaws?id=215402 Consideration paid by Indian customers to foreign software suppliers for the right to use software was treated as 'royalty' under section 9(1) of the Income-tax Act, 1961. The High Court relied on earlier decisions, including CIT v. Synopsys International Old Ltd. and CIT v. Samsung Electronics (P.) Ltd., which had held that such software payments fall within the royalty definition and are taxable in India. Applying those precedents, the court answered the substantial questions of law in favour of the Revenue and upheld the Tribunal's treatment of the consideration as royalty. en-us Tue, 20 Mar 2012 00:00:00 +0530 Sat, 04 Aug 2012 08:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215402 Consideration paid by Indian customers to foreign software suppliers for the right to use software was treated as 'royalty' under section 9(1) of the Income-tax Act, 1961. The High Court relied on earlier decisions, including CIT v. Synopsys International Old Ltd. and CIT v. Samsung Electronics (P.) Ltd., which had held that such software payments fall within the royalty definition and are taxable in India. Applying those precedents, the court answered the substantial questions of law in favour of the Revenue and upheld the Tribunal's treatment of the consideration as royalty. Case-Laws Income Tax Tue, 20 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215402