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Delhi HC relief for Godaddy in royalty case

Economic Times · 1y ago

Medial

In a recent ruling, the Delhi High Court has stated that the fees received by GoDaddy.com for domain name registration cannot be treated as royalty under the Income Tax Act. GoDaddy.com argued that it was simply assisting customers in obtaining domain name registration and not engaging in licensing domain names. The court agreed, stating that the consideration received for such services cannot be classified as royalty. The ruling overturns the Income Tax Appellate Tribunal's decision and provides relief for GoDaddy.com.