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Income Tax - Highlights / Catch Notes

Home Highlights March 2022 Year 2022 This

Income accrued in India - subscription/distribution revenue ...


India Subscription Revenue Classified as Business Income, Not Royalty; Not Taxable as Royalty Under Indian Law.

March 2, 2022

Case Laws     Income Tax     AT

Income accrued in India - subscription/distribution revenue derived by the assessee as assessable to tax as royalty - the amount received cannot be brought to tax in India as royalty and the same is in the nature of business income. - AT

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