Bombay H.C : the ITAT was justified in deleting the disallowance made of royalty paid by the assessee to C.A. Management Inc. USA for distribution of software products in India without appreciating that the royalty had been paid on the amount of bad debts even where the software had not worked at all
High Court Of Bombay CIT vs. CA Computer Associates India Pvt. Ltd. Section 92A(1), 92CA(3), 92C, 260-A Asst. Year 2002-2003 […]
