https://www.taxtmi.com/manuals?id=1162 Royalty and fees for technical services received by a non-resident or foreign company are taxed under Profits and Gains of Business or Profession where the income is from the Government or an Indian concern, arises under an agreement, the assessee has a permanent establishment or fixed place of profession in India, and the right, property or contract is effectively connected with that establishment. Deductions are limited to expenditure wholly and exclusively incurred for that Indian business, and head office payments other than reimbursement of actual expenses are disallowed. Books, audit, and prescribed reporting requirements also apply. en-us Tue, 15 Sep 2015 11:48:00 +0530 Wed, 27 May 2026 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1162 Royalty and fees for technical services received by a non-resident or foreign company are taxed under Profits and Gains of Business or Profession where the income is from the Government or an Indian concern, arises under an agreement, the assessee has a permanent establishment or fixed place of profession in India, and the right, property or contract is effectively connected with that establishment. Deductions are limited to expenditure wholly and exclusively incurred for that Indian business, and head office payments other than reimbursement of actual expenses are disallowed. Books, audit, and prescribed reporting requirements also apply. Manuals Income Tax Tue, 15 Sep 2015 11:48:00 +0530 https://www.taxtmi.com/manuals?id=1162