The Karnataka High Court dismissed an Income Tax Department appeal against Sony India Software Centre, upholding previous rulings. The dispute involved additions made by the Assessing Officer under Sections 28(iv) and 40(a)(i) of the Income Tax Act. The court supported the decisions that assets received were prototypes and payments to a Singapore entity for workshops were not subject to TDS.Karnataka HC rejects income tax appeal against Sony India software centre
The Karnataka High Court dismissed an Income Tax Department appeal against Sony India Software Centre, upholding previous rulings. The dispute involved additions made by the Assessing Officer under Sections 28(iv) and 40(a)(i) of the Income Tax Act. The court supported the decisions that assets received were prototypes and payments to a Singapore entity for workshops were not subject to TDS.
