https://www.taxtmi.com/caselaws?id=250405 The High Court determined that payments received by the Assessee Company constituted technical service fees exempt from tax under section 9(1)(vii) of the Income Tax Act. The Court found the Income Tax Reference misconceived due to factual interpretations and ruled in favor of the Assessee Company. The agreements approved before April 1, 1976, exempted the payments from tax, leading to a decision against the Revenue. en-us Fri, 08 Aug 2014 00:00:00 +0530 Fri, 20 Feb 2015 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250405 The High Court determined that payments received by the Assessee Company constituted technical service fees exempt from tax under section 9(1)(vii) of the Income Tax Act. The Court found the Income Tax Reference misconceived due to factual interpretations and ruled in favor of the Assessee Company. The agreements approved before April 1, 1976, exempted the payments from tax, leading to a decision against the Revenue. Case-Laws Income Tax Fri, 08 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250405