works based
on, or otherwise attempt to discover the above mentioned
software source code or underlying ideas or algorithms.
There is no acquisition of copyright ... does not have
any access to the source code. What is available for their use is
software product as such and not the process embedded
works based
on, or otherwise attempt to discover the above mentioned
software source code or underlying ideas or algorithms.
There is no acquisition of copyright ... does not have
any access to the source code. What is available for their use is
software product as such and not the process embedded
purchase additional software licenses from third party
software vendors for additional softwares. The assessee obtains only a
non-exclusive right to use software embedded ... vendor of the
software has assigned „right to use software‟, further the software is
invoiced separately the payment made for acquiring software
3219/Mum/ 2010) held that the profit derived from
sale of software would fall under the head "business profit" and not "royalty ... category of 'shrink wrapped software' and buyer does not have right to access
to the source code.
6. On the contrary, learned Departmental
Requirement Package used as
Configuration Tool in Engineering,
Software development and
maintenance for the software that -
support all the products. Used ... other
identified Key Performance Indicators
ECAD Application; electrical
engineering software; software suite
that offers solutions for numerous
industries (among others machinery
E3 - Global
Appeals) observed that the aforesaid software expenditure
was mainly incurred for software development and the use of software
licenses was for a limited period. After ... software licenses are in the nature of generic
application software which is used in various stages of software
development like design and analysis, coding, development
Formula One World Championship Ltd vs Commissioer Of Income Tax, ... on 24 April, 2017
Equivalent
Ids Infotech Ltd., Chandigarh vs Dcit, Chandigarh on 9 March, 2017
IN THE INCOME TAX
Bharat Sanchar Nigam Ltd., New Delhi vs Addl. Cit, New Delhi on 25 October, 2017
Acit 11(2), Mumbai vs Kpmg, Mumbai on 16 November, 2017
IN THE INCOME TAX
