https://www.taxtmi.com/caselaws?id=70011 The Tribunal concluded that payments of lb40,000 and lb65,000 made by the Indian company to a foreign company for the construction and commissioning of kilns should be taxed as royalty payments at 20%. The Tribunal held that the payments were for the use of the foreign company's patented designs and specialized knowledge, falling under the definition of royalty payments. Therefore, the Tribunal allowed the appeal, setting aside the CIT (Appeals) order and reinstating the decision of the Income Tax Officer to withhold 20% tax from the payments to the foreign company. en-us Fri, 13 Sep 1991 00:00:00 +0530 Wed, 13 Apr 2011 14:12:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70011 The Tribunal concluded that payments of lb40,000 and lb65,000 made by the Indian company to a foreign company for the construction and commissioning of kilns should be taxed as royalty payments at 20%. The Tribunal held that the payments were for the use of the foreign company's patented designs and specialized knowledge, falling under the definition of royalty payments. Therefore, the Tribunal allowed the appeal, setting aside the CIT (Appeals) order and reinstating the decision of the Income Tax Officer to withhold 20% tax from the payments to the foreign company. Case-Laws Income Tax Fri, 13 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70011