TMI BlogAmendment of section 9.X X X X Extracts X X X X X X X X Extracts X X X X ..... Explanation 4. For the removal of doubts, it is hereby clarified that the expression through shall mean and include and shall be deemed to have always meant and included by means of , in consequence of or by reason of . Explanation 5. For the removal of doubts, it is hereby clarified that an asset or a capital asset being any share or interest in a com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h which such right is transferred. Explanation 5. For the removal of doubts, it is hereby clarified that the royalty includes and has always included consideration in respect of any right, property or information, whether or not (a) the possession or control of such right, property or information is with the payer; (b) such right, property or information is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... connection in India, or through or from any property in India, or through or from any asset or source of income in India, or through the transfer of a capital asset situate in India shall be deemed to accrue or arise in India. It is proposed to insert a new Explanation 4 in the aforesaid clause so as to clarify the expression through used in the said sub-section. It is further proposed to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... included transfer of all or any right for use or right to use a computer software (including granting of a licence) irrespective of the medium through which such right is transferred. It is also proposed to insert a new Explanation 5 in the aforesaid clause so as to clarify that the royalty includes and has always included consideration in respect of any right, property or information, whether ..... X X X X Extracts X X X X X X X X Extracts X X X X
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