Income from services rendered in connection with domain name registration is assessable as royalty Income

Godaddy.com LLC Vs. ACIT (ITAT Delhi)

Rendering of services for domain registration is rendering of services in connection with the use of an intangible property which is similar to trademark. Therefore, the charges received by the assessee for services rendered in respect of domain name is royalty within the meaning of Clause (vi) read with Clause (iii) of Explanation 2 to Section 9(1) of Income-tax Act.

FULL TEXT OF THE ITAT ORDER IS AS FOLLOWS:-

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