https://www.taxtmi.com/highlights?id=65595 TDS u/s 195 - Royalty - purchase of software - Considering the Assessee was granted a distributorship/license to sell the products manufactured by the MGI, with a condition not to make or assign any copyright therein and while reserving all rights including ownership of material with it, goes to show that the transaction between the Assessee and the MGI cannot be termed as ‘ROYALTY’ - AT en-us Mon, 12 Sep 2022 13:43:00 +0530 Mon, 12 Sep 2022 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65595 TDS u/s 195 - Royalty - purchase of software - Considering the Assessee was granted a distributorship/license to sell the products manufactured by the MGI, with a condition not to make or assign any copyright therein and while reserving all rights including ownership of material with it, goes to show that the transaction between the Assessee and the MGI cannot be termed as ‘ROYALTY’ - AT Highlights Income Tax Mon, 12 Sep 2022 13:43:00 +0530 https://www.taxtmi.com/highlights?id=65595