https://www.taxtmi.com/highlights?id=72639 Income taxable in India - royalty income - sale of hardware along with software packages - the assessee procures hardware and software packages from other vendors and sells them to third party customers. Therefore, the ownership over copyright lies with the manufacturer and original supplier of software packages and not with the assessee. - CIT(A) rightly deleted the penalty - AT en-us Thu, 19 Oct 2023 10:03:07 +0530 Thu, 19 Oct 2023 10:03:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72639 Income taxable in India - royalty income - sale of hardware along with software packages - the assessee procures hardware and software packages from other vendors and sells them to third party customers. Therefore, the ownership over copyright lies with the manufacturer and original supplier of software packages and not with the assessee. - CIT(A) rightly deleted the penalty - AT Highlights Income Tax Thu, 19 Oct 2023 10:03:07 +0530 https://www.taxtmi.com/highlights?id=72639