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Income Tax - Highlights / Catch Notes

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Income chargeable to tax in India - Amount received by the ...

Case Laws     Income Tax

May 28, 2021

Income chargeable to tax in India - Amount received by the Assessee for sale of software amounted to royalty as defined under Explanation 2 to Section 9(1)(vi) of the Income-tax Act, 1961 and under Section 12 of the India-Israel (DTAA) - Following the decision of Apex court that, the activity is not taxable in India - HC

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