Foreign Software No More a Hard Tax for Indian Residents!!

The date 2.3.2021 will be remembered as a landmark date in the history of legislative jurisprudence on which the ages old conundrum and litigation concerning the taxability of foreign software as royalty has finally been put to rest by the Apex Court of India in its landmark judgement in the case of “Engineering Analysis Centre of Excellence Private Ltd. vs. CIT” in Civil Appeal Nos. 8733-8734 of 2018.The date 2.3.2021 will be remembered as a landmark date in the history of legislative jurisprudence on which the ages old conundrum and litigation concerning the taxability of foreign software as royalty has finally been put to rest by the Apex Court of India in its landmark judgement in the case of “Engineering Analysis Centre of Excellence Private Ltd. vs. CIT” in Civil Appeal Nos. 8733-8734 of 2018.taxmann.com Latest ArticlesRead More

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