{"id":15756,"date":"2021-03-15T11:00:28","date_gmt":"2021-03-15T05:30:28","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-it-v-bently-nevada-llc-2020-114-taxmann-com-101-delhi-hc-editorial-slp-of-revenue-is-dismissed-cit-it-v-bently-nevada-llc-2020-270-taxman-95-114-taxmann-com-102-sc\/"},"modified":"2021-03-15T11:00:28","modified_gmt":"2021-03-15T05:30:28","slug":"cit-it-v-bently-nevada-llc-2020-114-taxmann-com-101-delhi-hc-editorial-slp-of-revenue-is-dismissed-cit-it-v-bently-nevada-llc-2020-270-taxman-95-114-taxmann-com-102-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-it-v-bently-nevada-llc-2020-114-taxmann-com-101-delhi-hc-editorial-slp-of-revenue-is-dismissed-cit-it-v-bently-nevada-llc-2020-270-taxman-95-114-taxmann-com-102-sc\/","title":{"rendered":"CIT ( IT) v. Bently Nevada LLC ( 2020) 114 taxmann.com 101 ( Delhi ) (HC) Editorial: SLP of revenue is dismissed CIT ( IT) v. Bently Nevada LLC ( 2020) 270 Taxman 95 \/ 114 taxmann.com 102 (SC)"},"content":{"rendered":"<p>Dismissing\u00a0 the appeal of the revenue the Court held that amount received licence of product which was embedded software is not royalty it is assessable as business income .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 9(1)(vi) : Income deemed to accrue or arise in India \u2013  Royalty \u2013 Licence embedded software \u2013 Not royalty \u2013 Assessable as business income [ S.28(i) ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-15756","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-468","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=15756"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15756\/revisions"}],"predecessor-version":[{"id":15757,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15756\/revisions\/15757"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}