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M$ is lible to pay tax on Royalty in india....

6 posts · originally from https://geek.digit.in/community/threads/m-is-lible-to-pay-tax-on-royalty-in-india.84227/

mahendraraut
mahendraraut Original post #1
Apr 2, 2008 at 6:50 PM
I just seen this news on CNBC
it says that Microsoft has to pay tax on Royalty in india which they are getting from sell of there softwares...
Reasone is that M$ is giving the license of the software, not selling it....
(I dont have more details regarding that. *www.thinkdigit.com/forum/images/icons/icon9.gif..)
naveen_reloaded
Apr 2, 2008 at 8:16 PM
Cant get what the really stuff is...
Or is it some aprilfool stuff....
sauravgr8
Apr 2, 2008 at 11:22 PM
well i dont think its something april fool stuff, as even i have heared of it .....lets gather some more information about it and find out the truth
gary4gar
Apr 3, 2008 at 12:24 AM
Its true, i also Saw it
NucleusKore
Apr 3, 2008 at 7:11 AM
Nice development, they plugged a loophole in IT law