15 April 2024

Search Results for Tag : Royalty

Judgments

The amounts received by the assessee on account of sale of software and other incidental receipts would not constitute royalty within the meaning of Section 9(1)(vi) of IT Act(25.08.2021)

The assessee is a foreign company. It is engaged in the business of development and licencing of software products. During the relevant assessment yea.....

Tags : Assessment, Royalty, Inclusion

Central Government is empowered not only to frame rules to regulate grant of reconnaissance permits, prospecting licences or mining leases, but also for purpose connected therewith(27.06.2017)

Present batch of writ petitions is to examine constitutional validity of Rule 64-D of Mineral Concession Rules, 1960, as amended by Government of Indi.....

Tags : Rule, Validity, Additional Royalty, Charge

News

ITAT, Delhi: Royalty Cannot be Endorsed to Providing Customized Research Advisory Services(19.04.2022)

Income Tax Appellate Tribunal; Delhi has observed that customized research advisory services are not taxable under the head Royalty under the relevant.....

Tags : Income Tax Appellate Tribunal, Royalty, Income Tax Act, 1961, customized research advisory services

ITAT, Delhi: Fee for Cloud Services Not Royalty(27.04.2022)

Income Tax Appellate Tribunal, Delhi while granting relief to a subsidiary company of Information Technology giant Microsoft Corporation, Ministry of .....

Tags : Income Tax Appellate Tribunal, Information Technology, Microsoft Corporation, Ministry of Law Corporation, subscription fee, royalty, cloud computing

CESTAT, Chennai : Royalty Need Not be Included in Transaction Value if Not Paid to Foreign Supplier(29.04.2022)

Customs, Excise & Service Tax Appellate Tribunal, Chennai has ruled that royalty need not be incorporated in transaction value if not paid to a foreig.....

Tags : Customs, Excise & Service Tax Appellate Tribunal, royalty, foreign supplier

ITAT, Delhi: Subscription Fee Towards Cloud Services Not Taxable as Royalty(29.04.2022)

Income Tax Appellate Tribunal, Delhi has held that the subscription fee received towards Cloud Services is not taxable as royalty.

Tags : Income Tax Appellate Tribunal, Cloud Services, subscription fee, royalty

ITAT, Delhi: Expenditure of Royalty for Technical Know-How Can Be Treated as Revenue Expenditure(06.04.2022)

Income Tax Appellate Tribunal, Delhi has held that the royalty expenditure for the use of know-how can be treated as revenue expenditure under Income .....

Tags : Income Tax Appellate Tribunal, royalty expenditure, use of know-how, Income Tax Act, 1961

ITAT, Delhi: Expenditure of Royalty for Technical Know-How Can Be Treated as Revenue Expenditure(06.04.2022)

Income Tax Appellate Tribunal, Delhi has held that the royalty expenditure for the use of know-how can be treated as revenue expenditure under Income .....

Tags : Income Tax Appellate Tribunal, royalty expenditure, use of know-how, Income Tax Act, 1961

ITAT, Delhi: Expenditure of Royalty for Technical Know-How Can Be Treated as Revenue Expenditure(06.04.2022)

Income Tax Appellate Tribunal, Delhi has held that the royalty expenditure for the use of know-how can be treated as revenue expenditure under Income .....

Tags : Income Tax Appellate Tribunal, royalty expenditure, use of know-how, Income Tax Act, 1961

ITAT, Delhi: Expenditure of Royalty for Technical Know-How Can Be Treated as Revenue Expenditure(06.04.2022)

Income Tax Appellate Tribunal, Delhi has held that the royalty expenditure for the use of know-how can be treated as revenue expenditure under Income .....

Tags : Income Tax Appellate Tribunal, royalty expenditure, use of know-how, Income Tax Act, 1961

ITAT, Mumbai: Payment for Transponder Services Not Amount to Royalty(08.04.2022)

Income Tax Appellate Tribunal, Mumbai has observed that the payment for transponder services would not amount to royalty under the provisions of Incom.....

Tags : Income Tax Appellate Tribunal, transponder services, royalty, Income Tax, Double Taxation Avoidance Agreements

ITAT, Mumbai: Payment for Transponder Services Does Not Amount to Royalty(11.04.2022)

Income Tax Appellate Tribunal, Mumbai has observed that the payment for transponder services would not amount to royalty under the provisions of Incom.....

Tags : Income Tax Appellate Tribunal, transponder services, royalty, Income Tax Law, Double Taxation, Avoidance Agreements

ITAT States That Consideration Paid For Purchase Of Advertisement Space Does Not Amount To 'Royalty'(16.05.2022)

Chennai Bench of ITAT has held that consideration paid for purchase of advertisement space does not amount to 'royalty' under the Income Tax Act, 1961

Tags : ITAT Chennai, Royalty, Income Tax Act

Delhi HC Dismisses Appeal Against Microsoft; No Royalty on Licensing of Software(23.05.2022)

Delhi High Court while dismissing an appeal filed by the department upheld the ITAT order that licensing of Microsoft’s software products in India by .....

Tags : Delhi High Court, Appeal, Microsoft, Royalty

ITAT: Consideration for Resale of Computer Software Not Taxable as Royalty for Use of Copyright(06.06.2022)

Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that consideration for the resale of the software through End User Licence Agreement is not.....

Tags : ITAT, Computer Software, Royalty, Resale

Delhi HC: Party Organizers Liable to Pay Royalty for Using Copyrighted Songs(04.01.2017)

Delhi High Court has said that any event organiser, if using copyrighted music or songs in a party, would have to inform Copyright Societies which wil.....

Tags : Delhi High Court, Copyright, songs, Royalty

Madras HC: Royalty Income Not Relatable to Export Business Excludable from Business Profit(23.06.2022)

Madras High Court has upheld the exclusion of royalty income from business profits for calculation of deduction under Section 80HHC of Income-Tax Act,.....

Tags : Madras High Court, Royalty Income, Business Profit

Delhi HC Sets Aside Authority of Advance Ruling (AAR) Decision on Jaypee-Formula One Dispute(01.12.2016)

Delhi High Court has ruled that a payment by Jaiprakash Associates Ltd for the use of Formula One World Championship (FOWC) logos and symbols to promo.....

Tags : Delhi High Court, Jaypee, Formula One, royalty

ITAT: Subscription to Cloud Services Not ‘Royalty’ as Per Indo-US Treaty(15.07.2022)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the subscription to cloud base service cannot be treated as royalty as per the India U.....

Tags : ITAT, Cloud Services, Royalty

Apex Court: Cross-Border Payments for Sale of Software not Taxable as 'Royalty'(02.03.2021)

Apex Court has ruled that payments received by non-residents as consideration for sale of license of computer software to Indian companies/ entities i.....

Tags : Apex Court, Royalty

Delhi HC: Subscription Fees for E-Journal is Not Royalty(17.07.2023)

Delhi High Court has held that subscription amount received from subscribers of e-journals cannot be treated as royalty as all the assessee did was se.....

Tags : Delhi High Court, Royalty, Subscription Fees, E-Journal

Glenmark Settles Patent Litigation over Milnacipran Hydrochloride Tablets(22.12.2015)

Glenmark Pharmaceuticals Inc., USA have entered into a settlement agreement with Forest Laboratories, LLC, Forest Laboratories Holdings, and Royalty P.....

Tags : Glenmark Pharmaceuticals Inc, Forest Laboratories, LLC, Forest Laboratories Holdings, , Royalty Pharma Collection Trust

All. HC: Government can Recover Royalty or Other Dues Only as Arrears of Land Revenue(18.12.2023)

Allahabad High Court has held that as per Uttar Pradesh Minor Minerals (Concession) Rules 1963, if royalty or any other due under the lease wasn’t pai.....

Tags : Allahabad High Court, Minor Minerals (Concession) Rules, Royalty, Arrears of Land Revenue

ITAT: Royalty from Operator Agreement not Chargeable to Income Tax Under Indo-US Tax Treaty(30.11.2021)

Income Tax Appellate Tribunal (ITAT), Delhi has held that royalty from Operator agreement not chargeable to Income Tax under Indo-US Tax Treaty.

Tags : Income Tax Appellate Tribunal, Royalty from Operator Agreement

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