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Old 02-04-2008, 06:50 PM   #1 (permalink)
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Talking M$ is lible to pay tax on Royalty in india....

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. ..)

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Old 02-04-2008, 08:16 PM   #2 (permalink)
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Default Re: M$ is lible to pay tax on Royalty in india....

Cant get what the really stuff is...
Or is it some aprilfool stuff....
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Old 02-04-2008, 11:22 PM   #3 (permalink)
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Default Re: M$ is lible to pay tax on Royalty in india....

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
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Old 02-04-2008, 11:29 PM   #4 (permalink)
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Default Re: M$ is lible to pay tax on Royalty in india....

Source
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Old 03-04-2008, 12:24 AM   #5 (permalink)
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Default Re: M$ is lible to pay tax on Royalty in india....

Its true, i also Saw it
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Old 03-04-2008, 07:11 AM   #6 (permalink)
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Default Re: M$ is lible to pay tax on Royalty in india....

Nice development, they plugged a loophole in IT law
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