https://www.taxtmi.com/caselaws?id=411654 Consideration received from software sale was not taxable as royalty under the Income-tax Act or the applicable treaty because the Tribunal followed the Supreme Court ruling in Engineering Analysis Centre of Excellence P. Ltd. v. CIT. Applying that precedent, it held that the software-related receipt could not be characterised as royalty and therefore could not be brought to tax on that basis. The assessment addition treating the amount as royalty was deleted, and the assessee succeeded. en-us Tue, 27 Jul 2021 00:00:00 +0530 Tue, 09 Aug 2022 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411654 Consideration received from software sale was not taxable as royalty under the Income-tax Act or the applicable treaty because the Tribunal followed the Supreme Court ruling in Engineering Analysis Centre of Excellence P. Ltd. v. CIT. Applying that precedent, it held that the software-related receipt could not be characterised as royalty and therefore could not be brought to tax on that basis. The assessment addition treating the amount as royalty was deleted, and the assessee succeeded. Case-Laws Income Tax Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411654