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

[mahendraraut]

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. http://www.thinkdigit.com/forum/images/icons/icon9.gif..)

[naveen_reloaded]

Cant get what the really stuff is...
Or is it some aprilfool stuff....

[sauravgr8]

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

[sachin_kothari]

Source (http://economictimes.indiatimes.com/I-T_Dept_asks_Microsoft_to_pay_Rs_700_cr_tax/articleshow/2920824.cms)

[gary4gar]

Its true, i also Saw it

[NucleusKore]

Nice development, they plugged a loophole in IT law