https://www.taxtmi.com/caselaws?id=254086 The Tribunal held that the payment made by the assessee for acquiring software licenses amounted to 'royalty' under Section 9(1)(vi) of the Income-tax Act and that Tax Deducted at Source (TDS) should have been deducted under Section 195. The Tribunal disagreed with the CIT(A)'s view that the payment was for a purchase of goods, emphasizing that it involved a right to use the software, constituting royalty. The Revenue's appeal was partly allowed, upholding the demand under Sections 201(1) and 201(1A) while rejecting an additional ground related to the TDS procedure. en-us Mon, 01 Sep 2014 00:00:00 +0530 Fri, 12 Dec 2014 09:14:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254086 The Tribunal held that the payment made by the assessee for acquiring software licenses amounted to 'royalty' under Section 9(1)(vi) of the Income-tax Act and that Tax Deducted at Source (TDS) should have been deducted under Section 195. The Tribunal disagreed with the CIT(A)'s view that the payment was for a purchase of goods, emphasizing that it involved a right to use the software, constituting royalty. The Revenue's appeal was partly allowed, upholding the demand under Sections 201(1) and 201(1A) while rejecting an additional ground related to the TDS procedure. Case-Laws Income Tax Mon, 01 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254086