2009 (11) TMI 1006 - HC - Income Tax

Summary

The Karnataka High Court heard an appeal by the revenue challenging an order by the Income Tax Appellate Tribunal regarding tax deductions on payments made to non-residents during the assessment year 2000-2001. The Tribunal had ruled in favor of the respondent, stating that the payments for software purchases did not constitute royalty or income taxable in India. The High Court, referring to a previous judgment, sided with the revenue, overturning the Tribunal's decision and ruling in favor of the revenue.