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    <title>2002 (5) TMI 40 - CALCUTTA High Court</title>
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    <description>The court held that the petitioner-company was obligated to deduct income tax at a rate of 20% based on the Double Taxation Avoidance Agreement (DTAA) between India and the USA. The Revenue&#039;s insistence on a 30% deduction was rejected, and the court directed the Revenue to issue a no-objection certificate as tax at 20% had already been deducted. The writ petition was allowed without costs.</description>
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      <description>The court held that the petitioner-company was obligated to deduct income tax at a rate of 20% based on the Double Taxation Avoidance Agreement (DTAA) between India and the USA. The Revenue&#039;s insistence on a 30% deduction was rejected, and the court directed the Revenue to issue a no-objection certificate as tax at 20% had already been deducted. The writ petition was allowed without costs.</description>
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      <pubDate>Tue, 14 May 2002 00:00:00 +0530</pubDate>
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