https://www.taxtmi.com/highlights?id=20682 When the royalty for transfer of right to use of computer software does not fall under Explanation 2 to sec. 9(1)(vi), but the same falls under Explanation 4 to sec. 9(1)(vi), then in view of the Explanation to sec. 40(a)(i), the amount cannot be disallowed under the provisions of sec. 40(a)(i) of the Act - AT en-us Mon, 17 Nov 2014 11:27:25 +0530 Mon, 17 Nov 2014 11:27:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=20682 When the royalty for transfer of right to use of computer software does not fall under Explanation 2 to sec. 9(1)(vi), but the same falls under Explanation 4 to sec. 9(1)(vi), then in view of the Explanation to sec. 40(a)(i), the amount cannot be disallowed under the provisions of sec. 40(a)(i) of the Act - AT Highlights Income Tax Mon, 17 Nov 2014 11:27:25 +0530 https://www.taxtmi.com/highlights?id=20682