compared to the price of the
original software.
(iv) The software developed by infrasoft is
customizing software which are used for
specific purposes like design ... required to be customized to meet
the needs of an Indian customer. The ITAT held that
the customization of the concerned software or the
professional
Board. The expression, „any customized electronic data‟
would mean data, which is customized; but it need not be computer
software. Processing or customisation, normally would ... transmitted to overseas clients through
the assessee‟s tracking software called, „CATS‟. The said software was
ITA No. 1255/2011 Page 13 of 19
hosted
numbers servers NAS and Dataware Housing
Products and Customization and loading of softwares. According to the
petitioner, the office of the Development Commissioners, SEEPZ
Special ... export of server NAS and data
warehousing products and customization and loading of softwares w.e.f.
13.05.2010. It is also the case
that data or software,
available for a fee. The fact that this data and software could
be used by the customer in performing management functions ... development of the necessary data and software,
and the management of the business of providing it to
customers, might itself require substantial management
expertise
units: a
Software Technological Park unit ("STP unit", for short) which was
engaged in the development of software which was primarily exported ... which was primarily engaged in the implementation of the
telecom software for vendors/customers in India. In respect of the
profits from the STP unit
Director Of Income Tax vs M/S E Funds It Solution on 5 February, 2014
Operations Inc., USA, worldwide as well as to their other
customers. It has provided software solutions services to
client across the world, that helps ... create,
manage and grow relationship with their customers
through adoptive e-business information system,
implementation & customization services and a
comprehensive end user training
large and bigger company in the area of development of software and,
therefore, the profits earned cannot be a bench marked or equated with ... services are
provided to AEs
Nature of Services Diversified-consulting, application Contract Software
design, development, re-engineering Development Services.
and maintenance system integration,
package evaluation
Export of Software TNMM OP/Sales 13,28,40,833 --
(Credited to P/L A/c) OP/OC
3. Provision of software ... know-how that surrounds a
trademark such as knowledge of distribution channels, customer relationship,
trade secrets, etc. Investment in marketing intangibles was derived from
amongst
further observed that the software in
question was application software and not operating software or
system software. The software could be categorised as product line ... image of the software was created on the internal storage
device. This virtual image was replicated to produce or duplicate the
software. The virtual image
