https://www.taxtmi.com/caselaws?id=422595 The Tribunal allowed the appeal partly for statistical purposes, granting relief to the appellant by ruling that software license fees and related service fees are not taxable as 'Royalty' or 'Fees for Technical Services'. The Tribunal directed the AO to rectify the short credit of TDS and dismissed the levy of interest under Section 234B as it was consequential. The initiation of penalty proceedings was deemed consequential and dismissed. The decision applied to different assessment years, with both appeals partly allowed for statistical purposes. en-us Tue, 17 May 2022 00:00:00 +0530 Wed, 18 May 2022 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422595 The Tribunal allowed the appeal partly for statistical purposes, granting relief to the appellant by ruling that software license fees and related service fees are not taxable as 'Royalty' or 'Fees for Technical Services'. The Tribunal directed the AO to rectify the short credit of TDS and dismissed the levy of interest under Section 234B as it was consequential. The initiation of penalty proceedings was deemed consequential and dismissed. The decision applied to different assessment years, with both appeals partly allowed for statistical purposes. Case-Laws Income Tax Tue, 17 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422595