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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Supply of software on license – What has been transferred is not ...


Software Licensing Transfers Limited Use Rights, Not Copyright Ownership; No Royalty Income Generated.

November 28, 2013

Case Laws     Income Tax     HC

Supply of software on license – What has been transferred is not copyright or the right to use copyright but a limited right to use the copyrighted material and does not give rise to any royalty income - it is not in the nature of royalty - HC

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