Latest Breaking News On - Engineering analysis centre of excellence pvt ltd - Page 1 : comparemela.com

Microsoft nets $620 million benefit on top court withholding tax verdict SECTIONS Last Updated: Apr 29, 2021, 12:07 AM IST Share Synopsis In March, the apex court said companies that distribute software of overseas entities in India are not liable to withhold tax AP Technology giant Microsoft said it had recorded a $620 million income tax benefit in the March quarter due to the Supreme Court’s verdict on withholding taxes for software sales and on an agreement between India and the United States on transfer pricing. In March, the apex court said companies that distribute software of overseas entities in India are not liable to withhold tax as the money being paid to the parent is not payment of royalty for the user of copyright in computer software.

United statesSupreme courtIndia supreme courtEngineering analysis centre of excellence pvt ltdTech topEngineering analysis centreExcellence pvt ltdIncome taxApex courtWithholding taxஒன்றுபட்டது மாநிலங்களில்உச்ச நீதிமன்றம்இந்தியா உச்ச நீதிமன்றம்தொழில்நுட்பம் மேல்பொறியியல் பகுப்பாய்வு மையம்வருமானம் வரி