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Income Tax - Highlights / Catch Notes

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Royalty income - sale of Microsoft software products to the ...

Income Tax

August 29, 2013

Royalty income - sale of Microsoft software products to the Indian distributors – MRSC cannot be taxed again on the same income by way of royalty for exploitation of same rights which had been assessed in the hands of Gracemac, otherwise it would result in double taxation - AT

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