https://www.taxtmi.com/caselaws?id=179220 The Authority ruled that Indian companies should withhold tax at a rate of 30% instead of 55% on payments to the foreign applicant under the Income-tax Act, 1961. The payments were categorized as "fees for technical services" falling under clause (vii) of the Finance Act, 1995. The Double Taxation Avoidance Agreement between India and Sweden was considered, with the Authority determining that the receipts should be taxed as business profits without deductions. The issue of potential discrimination under the DTAA was left open for future proceedings. en-us Thu, 20 Jun 1996 00:00:00 +0530 Tue, 23 Feb 2016 12:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179220 The Authority ruled that Indian companies should withhold tax at a rate of 30% instead of 55% on payments to the foreign applicant under the Income-tax Act, 1961. The payments were categorized as "fees for technical services" falling under clause (vii) of the Finance Act, 1995. The Double Taxation Avoidance Agreement between India and Sweden was considered, with the Authority determining that the receipts should be taxed as business profits without deductions. The issue of potential discrimination under the DTAA was left open for future proceedings. Case-Laws Income Tax Thu, 20 Jun 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179220