Bandwidth Facility Payment Not Taxable as Equipment or Process Royalty; Appeals Allowed in All Seven Cases.

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....Nature of payment in the light of the definition of “Royalty” - the consideration received for providing bandwidth facility will not be taxable as equipment royalty or process royalty. The plea of the Assessee in this regard is accepted and the relevant grounds of appeal in all the 7 appeals are allowed, as admitted by both the parties, the facts and circumstances of the case are identical. - AT....