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Case Law Details

Case Name : Opus Software Solutions Pvt. Ltd. Vs ACIT (ITAT Pune)
Related Assessment Year : 2010-11
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Opus Software Solutions Pvt. Ltd. Vs ACIT (ITAT Pune)

The issue which arises in the present appeal is whether the deduction claimed by assessee on purchase of licensed software is to be allowed as deduction in the hands of assessee or not. The Revenue authorities were of the view that purchase of licensed software by the assessee is akin to royalty and the assessee was duty bound to deduct tax at source. Since the assessee has failed to deduct tax at source, expenditure was disallowed in the hands of assessee. In this regard

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