Relief to Shell India: No TDS on consideration received from Resale / Use of Computer Software through EULAs/Distribution Agreements: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that Shell India not taxable in India for consideration received from resale/use of the computer software through EULAs/distribution agreements since the amount does not constitute ‘royalty’ within the meaning of section 195 of the Income Tax Act, 1961. During the assessment proceedings, the Assessing Officer […]
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