Press Information Bureau Government of IndiaMinistry of Commerce & Industry03 JUN 2019 Draft Copyright (Amendment) Rules, 2019 In order to ensure smooth and flawless compliance of Copyright Act in the light of technological advancement in digital era and to bring them in parity with other relevant legislations, the Department for Promotion of Industry and Internal Trade,… Read More »
Held AO/DRP have erred in treating the acquisition of software under the head ‘fee for technical services/royalty’ requiring the assessee to pay the tax on the same. [para 30] IN THE ITAT DELHI BENCH ‘I-1’ SAIC India (P.) Ltd. v. Deputy Commissioner of Income-tax, Circle 7(1), New Delhi KULDIP SINGH, JUDICIAL MEMBER AND N. K.… Read More »
Held To fall within the realm and ambit of right to use copyright in the computer software programme, the aforesaid rights must be given and if the said rights are not given then, there is no copyright in the computer programme or software. As noted by the CIT (A), under the terms of the agreement… Read More »
Punjab & Haryana High Court Principal CIT vs. M/s Mobisoft Tele Solutions Pvt. Ltd. Income tax (Appeal) no. 193, 194 & 197 of 2015, 07/08/2015 Summary of Case :- Punjab & Haryana High Court held In the case of Principal CIT vs. M/s Mobisoft Tele Solutions Pvt. Ltd. that Tarun Mohan had obtained the copyright… Read More »