Receipts from the sale of software with support services is not Royalty Income, clarifies ITAT
Last updated: 16 July 2021
Court :
ITAT Bangalore
Brief :
Present appeals have been filed by assessee against the final assessment order is dated 27/10/2017 and 10/07/2018 passed by Ld.DCIT (International Taxation) Circle-1 (1), Bangalore. It has been submitted that the only issue raised by assessee in both these appeals relate to treating the receipts of assessee’s on account of sale of software to the Indian customers, as royalty.
Citation :
IT(IT)A No.2542/Bang/2018
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Published in Income Tax
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