Finality on taxation of software payments to non-residents

"The SC held that such payments by an Indian entity to a non-resident for the purchase of off-the-shelf software does not qualify as royalty under the relevant tax treaties. Accordingly, there is no withholding tax obligation on the Indian payer"

Vikas Vasal
National Leader - Tax, Grant Thornton Bharat

This article appeared in Livemint on 18^th Mar, 2021.