Off-the-Shelf Software

ITAT Says Software Licence Sales Not Taxable In Absence Of Permanent Establishment Milestone Systems A/S, a Denmark-based company engaged in IP video management software and surveillance solutions, earned ₹19.83 crore during AY 2022–23 from sale of licensed software to Indian distributors. In its return, the assessee declared income of ₹18.94 crore but did not offer…