Abstract
This case note explains the ruling of the Madras High Court that payments for the outright purchase of a software product are deductible to the purchaser. A deduction cannot be denied by the tax department on the ground that the payment is a royalty, which should have had tax deducted at source.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.