https://www.taxtmi.com/caselaws?id=377836 The Tribunal allowed the appeals filed by the assessee, setting aside the CIT(A)'s orders and dismissing the revenue's appeals. The Tribunal concluded that the assessee did not have a Permanent Establishment (PE) in India, therefore income from hardware and software supplies could not be taxed in India. The Tribunal also ruled against the classification of software income as 'royalty' and the levy of interest under section 234B, providing relief to the assessee. en-us Fri, 29 Mar 2019 00:00:00 +0530 Thu, 04 Apr 2019 07:20:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377836 The Tribunal allowed the appeals filed by the assessee, setting aside the CIT(A)'s orders and dismissing the revenue's appeals. The Tribunal concluded that the assessee did not have a Permanent Establishment (PE) in India, therefore income from hardware and software supplies could not be taxed in India. The Tribunal also ruled against the classification of software income as 'royalty' and the levy of interest under section 234B, providing relief to the assessee. Case-Laws Income Tax Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377836