Bombay HC to examine taxability of software payments by Reliance Industries

Aug 09,2019

Bombay HC admits Revenue's appeal challenging ITAT order in case of Reliance Industries Ltd. ('assessee') on software taxability issue; ITAT had held that various payments made by assessee for obtaining computer software to recipients in different countries were not in the nature of 'royalty', and hence not liable to tax in India.


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