https://www.taxtmi.com/caselaws?id=345654 Receipts from sale of standard software were held not to constitute royalty because no copyright rights were transferred; the Tribunal applied its earlier orders in the assessee's own case and found no change in the factual matrix. It also relied on the jurisdictional High Court's dismissal of the Revenue's appeals, which confirmed that no substantial question of law arose. On that basis, the software sale proceeds were assessable as business income under Article 7 of the Indo-Finland DTAA, and the addition treating them as royalty was deleted. en-us Fri, 03 Feb 2017 00:00:00 +0530 Mon, 24 Jul 2017 06:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345654 Receipts from sale of standard software were held not to constitute royalty because no copyright rights were transferred; the Tribunal applied its earlier orders in the assessee's own case and found no change in the factual matrix. It also relied on the jurisdictional High Court's dismissal of the Revenue's appeals, which confirmed that no substantial question of law arose. On that basis, the software sale proceeds were assessable as business income under Article 7 of the Indo-Finland DTAA, and the addition treating them as royalty was deleted. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345654