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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Royalty income - sale of Microsoft software products to the ...


India: Microsoft Software Sales to Distributors Not Double-Taxed as Royalty for MRSC Due to Previous Gracemac Assessment.

August 29, 2013

Case Laws     Income Tax     AT

Royalty income - sale of Microsoft software products to the Indian distributors – MRSC cannot be taxed again on the same income by way of royalty for exploitation of same rights which had been assessed in the hands of Gracemac, otherwise it would result in double taxation - AT

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