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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Receipts on account of supply of software were integrally ...

Case Laws     Income Tax

June 9, 2016

Receipts on account of supply of software were integrally connected to the supply of hardware and, therefore, AO was not right in taxing such receipts as royalty - software supplies could not be taxed even under the amended law. - AT

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