Alerts & Updates

ELP Tax Alert: ITAT upholds internet domain registration receipts taxable as royalty

Tax | Apr 12, 2018

Recently, the Delhi ITAT in the case of M/s GoDaddy.com LLC vs ACIT has upheld that the receipts earned from internet domain registration fees is taxable as royalty within the meaning of Explanation 2 to section 9(1)(vi) of the Income-tax Act, 1961.

ITAT observed that domain name has all the characteristics similar to a trademark and hence, domain name is an intangible asset. Accordingly, the income earned from registration of domain name is royalty since the same is in the nature of providing services in connection with the use of trademark.

Our Alert on the case is attached herewith.

Related Articles

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update 26 September 2018

SC Rules: When a dispute resolution clause provides that...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update 23 August 2018

In this week’s alert we update our readers on what has...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Weekly Update 13 October 2018

In this week’s update, we analyse a recent judgment of...

Alerts & Updates Litigation, Arbitration & Dispute Resolution

ELP Arbitration Update 23 August 2018

This week, we have analyzed the Bombay High Court’s...