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GE Aerospace's Soaring Ambitions In India

The world's leading aircraft engine maker expects to be in the thick of both India's commercial and military aviation growth ....

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From India's Trillion-dollar Dream To Apple's Plans For The Country, Here Are Our Most-read Stories Of The Week

Go First's downfall, Vick Rana's success story, QJ Motor SRC500 review are some of the stories that piqued the interest of our readers this week ....

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Telangana Govt To Set Up The National Centre For Additive Manufacturing In Hyderabad

Telangana Govt To Set Up The National Centre For Additive Manufacturing In Hyderabad
sakshi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sakshi.com Daily Mail and Mail on Sunday newspapers.

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Supreme Court of India rules on royalty payments and foreign software companies

April 15 2021
In a landmark judgment, the Supreme Court of India, in the context of a tax dispute concerning the role and rights of an Indian distributor
vis-à-vis foreign software owner, has opined that:
Distribution of software to distributor/end user will not constitute grant of an interest in copyright in it; and
It only grants a non-exclusive, non-transferable licence to resell computer software.
The tax department sought to classify such a sale under ‘royalty’ payable on account of software sale to resident/s by non-resident companies.
The companies involved in this prolonged litigation included Samsung Electronics, IBM India, Sonata Information Technology, Infineon Technologies and GE India Technology Center. ....

Ranjan Narula , Infineon Technologies , Apex Court , Sonata Information Technology , Supreme Court , Samsung Electronics , Euromoney Institutional Investor , Ge India Technology Center , Income Tax , Privacy Notice , Institutional Investor , ரஞ்சன் நருலா , இண்பினெோன் தொழில்நுட்பங்கள் , உச்சம் நீதிமன்றம் , சொனாட்டா தகவல் தொழில்நுட்பம் , உச்ச நீதிமன்றம் , சாம்சங் மின்னணுவியல் , கே இந்தியா தொழில்நுட்பம் மையம் , வருமானம் வரி , ப்ரைவஸீ அறிவிப்பு , நிறுவன முதலீட்டாளர் ,