https://www.taxtmi.com/caselaws?id=310512 The Bombay HC ruled that the license fees received for the transfer of user rights of the software "OPUS" to Indian companies qualify as "royalty" under the Income Tax Act and the India-Germany DTAA. The court upheld the retrospective application of the amendment clarifying the definition of royalty concerning software rights. en-us Tue, 22 Jan 2013 00:00:00 +0530 Sat, 28 Oct 2023 13:13:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310512 The Bombay HC ruled that the license fees received for the transfer of user rights of the software "OPUS" to Indian companies qualify as "royalty" under the Income Tax Act and the India-Germany DTAA. The court upheld the retrospective application of the amendment clarifying the definition of royalty concerning software rights. Case-Laws Income Tax Tue, 22 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310512