Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Bombay High Court: Software payments to foreign companies not taxable as 'royalty' u/s 9(1)(vi) of Income Tax Act.</h1> The Bombay High Court ruled that remittances made by an Indian company to foreign entities for purchasing computer software are not taxable as 'royalty' under Section 9(1)(vi) of the Income Tax Act, 1961. This decision aligns with the Supreme Court's ruling in Engineering Analysis Centre of Excellence (P.) Ltd., which determined that such transactions do not create any rights to use copyrights, thereby exempting them from royalty taxation. The Court dismissed the Revenue's appeals, confirming that the remittances fall under the purview of Double Taxation Avoidance Agreements and are not subject to tax as royalties.
TaxTMI 
TaxTMI 