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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Supply of software embedded in the hardware - when a software is ...


Software-Hardware Bundles Sold as One Are Fully Business Income, Not Royalties, per Explanation 4 in Tax Rules.

April 5, 2018

Case Laws     Income Tax     AT

Supply of software embedded in the hardware - when a software is embedded in hardware and there is one composite price, the entire amount remains as Business income and a part of the same cannot be considered as royalty within the Explanation 4 - AT

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