VERIFIEDET Finance·12 May 2026neutral

SC refuses to reopen 2021 ruling exempting foreign software payments from royalty tax

AI Summary

·The Supreme Court has dismissed the income tax department's review petitions regarding the taxation of software payments to non-residents.
·The court reaffirmed its March 2021 ruling that these payments are not considered royalty.
·The decision states that end-user licenses do not involve the transfer of copyright.