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Amount received by a German company from software embedded in equipment supplied by it cannot be considered as ‘royalty’

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  • Amount received by a German company from software embedded in equipment supplied by it cannot be considered as ‘royalty’
Posted onon June 21, 2013

Tenet Tax Daily June 21 2013

By tenettax-team
International Tax

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Payment to third party through a related entity cannot be considered as “reimbursement” of expenses
Inland haulage charges being income from operations of ships, are exempt in India

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