Amount received from distributors for sale of specialized software, maintenance and support services can’t be “royalty” under India-Finland Tax Treaty: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the amount received from distributors for sale of specialized software, maintenance and support services can not be “royalty” under India-Finland Tax Treaty. The assessee, Trimble Solutions Corporation C/o SRBC & Associates LLP filed its return of income for the assessment year 2012-13 declaring total income […]

from Taxscan | Simplifying Tax Laws https://ift.tt/387fhK6