https://www.taxtmi.com/caselaws?id=285512 Receipts from sale of shrink-wrap software were held not taxable as royalty under Explanation 2 to section 9(1)(vi) of the Income-tax Act. The Tribunal followed coordinate bench decisions in the assessee's own earlier years, finding no material factual distinction for the year under review. On that basis, it concluded that the software sale receipts could not be brought to tax as royalty and decided the issue in favour of the assessee and against the Revenue. en-us Mon, 25 Feb 2019 00:00:00 +0530 Thu, 16 Jan 2020 11:00:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285512 Receipts from sale of shrink-wrap software were held not taxable as royalty under Explanation 2 to section 9(1)(vi) of the Income-tax Act. The Tribunal followed coordinate bench decisions in the assessee's own earlier years, finding no material factual distinction for the year under review. On that basis, it concluded that the software sale receipts could not be brought to tax as royalty and decided the issue in favour of the assessee and against the Revenue. Case-Laws Income Tax Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285512