https://www.taxtmi.com/caselaws?id=428152 The Tribunal ruled in favor of the assessee, stating that payments made for software licenses without tax deduction did not constitute royalty income under section 195 of the Income Tax Act. The Tribunal found that the payments were for software usage rights, not copyright, and thus, the assessee was not liable to deduct tax under section 195 of the Act. The appeal for the assessment year 2008-09 was allowed, and the decision applied to subsequent years with similar circumstances. As a result, the assessee was not considered an 'assessee-in-default' for non-deduction of taxes under section 195 of the Act. en-us Thu, 22 Sep 2022 00:00:00 +0530 Sat, 24 Sep 2022 08:21:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428152 The Tribunal ruled in favor of the assessee, stating that payments made for software licenses without tax deduction did not constitute royalty income under section 195 of the Income Tax Act. The Tribunal found that the payments were for software usage rights, not copyright, and thus, the assessee was not liable to deduct tax under section 195 of the Act. The appeal for the assessment year 2008-09 was allowed, and the decision applied to subsequent years with similar circumstances. As a result, the assessee was not considered an 'assessee-in-default' for non-deduction of taxes under section 195 of the Act. Case-Laws Income Tax Thu, 22 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428152