Subscription to Cloud Services not ‘Royalty’ as Indo-US Treaty: ITAT [Read Order]

Subscription - Cloud Services - Royalty - Indo-US Treaty - ITAT - taxscan

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) comprising Dr. B. R. R. Kumar, Accountant Member and Sh. Yogesh Kumar U.S., Judicial Member has held that the subscription to cloud base service cannot be treated as royalty as per the India USA Double Taxation Avoidance Agreement (DTAA). The assessee, M/s MOL Corporation has…

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