No TDS on Bandwidth Payments as IPLC Charges Are Not Royalty: Madras HC

Cognizant Technology Solutions India Private Limited Vs ITO (TDS)/DCIT (Madras High Court) The Madras High Court considered appeals arising from a common order of the Income Tax Appellate Tribunal dated 09.06.2014 relating to assessment years 2002-03 and 2003-04. The dispute concerned payments made by the assessee, engaged in software development and export, to Sprint Communications, USA, towards international telecom connectivity, business data exchange, video conferencing, and related telecommunication services. The issue was whether these payments for International Private Leased Circuit (I...