https://www.taxtmi.com/caselaws?id=442630 The Tribunal held that the subscription revenue received by the assessee from Indian customers does not constitute "royalty" under the Income Tax Act and India-US DTAA. The fees were deemed not payment for the use of copyright, information concerning industrial experience, or granting any right to use equipment. The Tribunal allowed the appeal, ruling in favor of the assessee and deleting the addition made by the Assessing Officer. en-us Mon, 21 Aug 2023 00:00:00 +0530 Wed, 06 Sep 2023 08:50:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442630 The Tribunal held that the subscription revenue received by the assessee from Indian customers does not constitute "royalty" under the Income Tax Act and India-US DTAA. The fees were deemed not payment for the use of copyright, information concerning industrial experience, or granting any right to use equipment. The Tribunal allowed the appeal, ruling in favor of the assessee and deleting the addition made by the Assessing Officer. Case-Laws Income Tax Mon, 21 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442630