Income received for Sale of specialized Software and Maintenance and Support Services is not ‘Royalty’ as per India-Finland Tax Treaty: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the Income received for sale of specialized software and maintenance and support services is not “Royalty” as per India-Finland Tax Treaty. The assessee, Trimble Solutions Corporation C/o SRBC & Associates LLP filed its return of income for the assessment year declaring total income as Nil. […]

from Taxscan | Simplifying Tax Laws https://ift.tt/33VIHZ0