Payment to company located in Israel for purchase of software is royalty

The main grievance of the assessee in this appeal relates to the action of the ld. CIT (Appeals) in confirming the view expressed by the Assessing Officer in holding that the payment of USD 21,270 payable to CEVA DSP Limited, Israel, for purchase of software was in the nature of royalty and the assessee was required to deduct tax at source and pay the same to the Government. Issue under consideration has been settled by the Hon’ble jurisdictional High Court in assessee’s own case and it has been held that payment made by the assessee to non-resident companies would amount to royalt...