Fee received for registration of domain name of third party cannot be treated as royalty

Godaddy.Com LLC Vs ACIT (Delhi High Court) Delhi High Court held that Godaddy.com (appellant) had granted rights in or transferred the right to use its domain to a third party. Therefore, the fee received by Godaddy.com for registration of domain name of third parties cannot be treated as royalty. Facts- AO proposed an addition concerning the income of the appellant/assessee received against domain name registration services offered to its customers by construing the same as royalty. In this context, the draft assessment order alluded to Section 9(1)(vi) of the Act. Being aggrieved, the appell...