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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Income from sale of shrink wrap software - consideration ...

Case Laws     Income Tax

May 5, 2016

Income from sale of shrink wrap software - consideration received by the Assessee for software was not royalty. The receipts would constitute business receipts in the hands of the Assessee - Assessee cannot be taxed in India in the absence of a permanent establishment - AT

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