Sunday, 13 September 2015

Sum paid to purchase software isn't royalty as there is no transfer of copyright or patent of softwa

IT/ILT : Where assessee was only a reseller of software products of a non-resident company in India, since transaction in question was in nature of trade, payment made by assessee to non-resident towards purchase of products did not fall within purview of royalty under section 9(1)(vi)

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