Thursday, 27 March 2014

Receipts of foreign co. from software sales and support services provided in India couldn’t be taxed

IT/ILT: In view of decision of Jurisdictional High Court in case of DIT v. Infrasoft Ltd. [2014] 220 Taxman 273/[2013] 39 taxmann.com 88 (Delhi), addition made for sale of software and provisions of maintenance/other support services to customers in India being not taxable was to be deleted


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