Payment received for providing access to Computer Software does not fall within the ambit of the term “Royalty”

The Hon’ble High Court has reversed the ruling given by Authority of Advance Ruling (AAR) and held that the payment received by company located in the UK for providing access to computer software to Indian Member firms doesn’t amount to Royalty, liable to be taxed

Update-EY-Global-Services-Limited-vs-Assistant-Commissioner-of-Income-1

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