https://www.taxtmi.com/caselaws?id=364501 Receipts from domain name registration were treated as royalty under section 9(1)(vi) because a domain name was viewed as an intangible asset akin to a trademark. The Tribunal applied Explanation 2 to section 9(1)(vi) and held that services connected with the use of such property fall within the statutory concept of royalty. It followed its earlier decision in the assessee's own case for the preceding year and noted that the ownership objection had already been addressed there. On that reasoning, the receipts were held taxable as royalty and the issue was decided against the assessee. en-us Tue, 24 Jul 2018 00:00:00 +0530 Tue, 31 Jul 2018 07:45:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364501 Receipts from domain name registration were treated as royalty under section 9(1)(vi) because a domain name was viewed as an intangible asset akin to a trademark. The Tribunal applied Explanation 2 to section 9(1)(vi) and held that services connected with the use of such property fall within the statutory concept of royalty. It followed its earlier decision in the assessee's own case for the preceding year and noted that the ownership objection had already been addressed there. On that reasoning, the receipts were held taxable as royalty and the issue was decided against the assessee. Case-Laws Income Tax Tue, 24 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364501