https://www.taxtmi.com/caselaws?id=310500 The Tribunal dismissed the assessee's appeal concerning the taxability of consideration received for facilitating software user charges under the Indian-US Tax Treaty for the assessment year 2007-08. The Tribunal upheld previous decisions, treating the receipt as taxable royalty under the Income-tax Act and Article 12 of the Double Taxation Avoidance Agreement. The Tribunal instructed the Assessing Officer to apply decisions from higher authorities, including the Bombay HC, on similar issues from prior cases. The appeal against the levy of interest under sections 234B and 234C was also dismissed as consequential. en-us Fri, 20 Feb 2015 00:00:00 +0530 Sat, 28 Oct 2023 08:35:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310500 The Tribunal dismissed the assessee's appeal concerning the taxability of consideration received for facilitating software user charges under the Indian-US Tax Treaty for the assessment year 2007-08. The Tribunal upheld previous decisions, treating the receipt as taxable royalty under the Income-tax Act and Article 12 of the Double Taxation Avoidance Agreement. The Tribunal instructed the Assessing Officer to apply decisions from higher authorities, including the Bombay HC, on similar issues from prior cases. The appeal against the levy of interest under sections 234B and 234C was also dismissed as consequential. Case-Laws Income Tax Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310500