Jain Shrimal & Co.

Reimbursement of software expense bundled with other IT service will be liable to tax – JSCO | Case law

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.)]

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