Difference between "License" and "Royalty"

Vivek Jalanpro badge , Last updated: 25 November 2024  
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Receipts for Transfer of "Copyright" by a Non-Resident (not having a PE in India) to a Resident in India are taxable in India as 'royalty'. However, the Transfer of "License" is not. Hence the question comes as to what is a "Copyright" and what is a "License" in a copyrighted article. Let's analyse

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Published by

Vivek Jalan
(DESIGNATED PARTNER)
Category Corporate Law   Report

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