{"id":803638,"date":"2021-04-13T05:33:50","date_gmt":"2021-04-13T05:33:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/04\/13\/off-the-shelf-software\/"},"modified":"2024-05-18T12:15:46","modified_gmt":"2024-05-18T06:45:46","slug":"off-the-shelf-software","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/04\/13\/off-the-shelf-software\/","title":{"rendered":"Off-the-shelf Software"},"content":{"rendered":"<p>Setting aside various court judgments including the Karnataka High Court judgment, the Supreme Court has ruled that payments made by resident Indian end-users or distributors (such as technology companies) to the overseas supplier for reselling \/ redistribution of shrink-wrapped software could not be treated as \u2018Royalty\u2019 but could only be treated as business income in the hands of the overseas entity and no tax withholding obligations arose.<\/p>\n<p><a href=\"https:\/\/livemedia.press\/product-category\/subscribe-tl\/?v=56b5fbba0fe8\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\" alignright\" src=\"http:\/\/telecomlive.in\/web\/wp-content\/uploads\/2015\/05\/read-more.gif\" alt=\"http:\/\/telecomlive.in\/web\/wp-content\/uploads\/2015\/05\/read-more.gif\" \/><\/a><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Setting aside various court judgments including the Karnataka High Court judgment, the Supreme Court has ruled that payments made by resident Indian end-users or distributors (such as technology companies) to the overseas supplier for reselling \/ redistribution of shrink-wrapped software could not be treated as \u2018Royalty\u2019 but could only be treated as business income in the hands of the overseas entity and no tax withholding obligations arose. \u00a0<\/p>\n","protected":false},"author":1,"featured_media":813603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-803638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazinenews"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/803638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=803638"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/803638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media\/813603"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=803638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=803638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=803638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}