https://www.taxtmi.com/caselaws?id=406800 The Tribunal, following the Supreme Court's decision in a related case, ruled in favor of the assessee, determining that payments for software licenses did not constitute royalty under the Income-tax Act and the Double Taxation Avoidance Agreement. As a result, the Tribunal directed the Assessing Officer to delete the income assessed as royalty for the software licenses, providing relief to the assessee and overturning the taxability of the payments received from Indian customers. en-us Thu, 22 Apr 2021 00:00:00 +0530 Wed, 28 Jul 2021 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406800 The Tribunal, following the Supreme Court's decision in a related case, ruled in favor of the assessee, determining that payments for software licenses did not constitute royalty under the Income-tax Act and the Double Taxation Avoidance Agreement. As a result, the Tribunal directed the Assessing Officer to delete the income assessed as royalty for the software licenses, providing relief to the assessee and overturning the taxability of the payments received from Indian customers. Case-Laws Income Tax Thu, 22 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406800