Tax payable on import of all software:Delhi ITAT

Posted: 29 Oct 2010 07:31 PM PDT

TAX is payable on import of all software, even if the sale does not involve exercise of copyright, according to a Delhi tax tribunal order in case relating to Microsoft. While the order, passed on October 28, is significant in terms of the liability to withold tax from payments made while importing software, the Delhi Income-tax Appellate Order (ITAT) attracted the attention of tax professionals on account of its observation that questioned the sanctity of tax treaties. In the order, which...

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