https://www.taxtmi.com/caselaws?id=406512 A contractual licence permitting use of a trade mark on products constituted royalty under Explanation 2(i) to section 9(1)(vi) of the Income-tax Act, 1961 because the licensor owned the mark and granted a non-exclusive right to use it for sale, promotion and advertising. The fact that the payment was recurring did not change its character. Once treated as royalty, the assessee was required to deduct tax at source under section 195, and the findings under section 201(1) with consequential interest under section 201(1A) were sustained. en-us Wed, 10 Mar 2021 00:00:00 +0530 Fri, 16 Apr 2021 22:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406512 A contractual licence permitting use of a trade mark on products constituted royalty under Explanation 2(i) to section 9(1)(vi) of the Income-tax Act, 1961 because the licensor owned the mark and granted a non-exclusive right to use it for sale, promotion and advertising. The fact that the payment was recurring did not change its character. Once treated as royalty, the assessee was required to deduct tax at source under section 195, and the findings under section 201(1) with consequential interest under section 201(1A) were sustained. Case-Laws Income Tax Wed, 10 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406512