https://www.taxtmi.com/caselaws?id=219722 Where the applicable treaty taxes royalty and fees for technical services on receipt basis, such income is assessable only in the year of receipt and not earlier. The article also notes that interest under section 234B is not leviable on a non-resident assessee when the issue is covered by binding precedent. The overall effect described is that the Revenue's challenge fails and the order in favour of the non-resident assessee is maintained. en-us Mon, 22 Oct 2012 00:00:00 +0530 Mon, 24 Dec 2012 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219722 Where the applicable treaty taxes royalty and fees for technical services on receipt basis, such income is assessable only in the year of receipt and not earlier. The article also notes that interest under section 234B is not leviable on a non-resident assessee when the issue is covered by binding precedent. The overall effect described is that the Revenue's challenge fails and the order in favour of the non-resident assessee is maintained. Case-Laws Income Tax Mon, 22 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219722