Saturday International Tax Gyan!! #taxmadeeasy #taxinpic
Reimbursement of software expenses will be liable to tax as FTS/Royalty, where such software was bundled with other IT services of the company. [ Rieter Machine Works Limited v. ACIT (International Taxation), Circle-2, Pune [2021]134 taxmann.com 326 (Pune – Trib.)]