Tag Archives: use of pirated software expenses allowed

Compensation paid for use of pirated software is not penalty, allowable Expenses u/s 37 of Income tax

By | January 30, 2017

Issue : Whether the compensation paid of Rs. 23,33,278/- to Microsoft Corporation, USA was allowable as a deduction in view of explanation to Section 37(1). Held by CIT (appeals ) :- Compensation paid by the assessee company to Microsoft Corporation was for infringement of the Copyright Act and therefore, the said payment was for an… Read More »