Software Income

ITAT grants aid to Ansys

Through Rasheela Basheer – June 16, 2021 8:51 p.m. The Income Tax Appeals Tribunal (ITAT) in Pune has ruled that the income from the sale of a software license cannot be treated as “royalties” for the purposes of the Law. 1961 income tax. The appraisal agent, while concluding the appraisal procedure against the appraised, noted […]

Software Income

CloudMD Appoints Karen Adams as President and Provides

Karen Adams appointed President of the company to implement the growth strategy and operational efficiency Dr. Amit Mathur Appointed to Newly Created Executive Position, President of US Operations, to Focus on Expansion in the United States Oncidium acquires organization specializing in independent medical assessments and health-related services Strategic Integration Adds $ 17 Million to Oncidium […]

Software Income

Oracle stock slumps on cloud investment plans despite strong earnings

Oracle Corp.The stock is down today after the company proposed lower quarterly revenue guidance resulting from a plan to massively increase its investments in cloud computing. The announcement follows a strong fourth quarter in which the database giant easily beat Wall Street expectations. The company reported earnings before certain costs such as stock compensation of […]