https://www.taxtmi.com/caselaws?id=15275 The High Court of MADRAS ruled in a case concerning the taxability of technical know-how and royalty payments under a collaboration agreement. The court held that fees for technical documents paid in Switzerland were not subject to Indian income tax as they did not accrue in India. However, royalty payments related to products manufactured under license from a Swiss company were deemed taxable in India due to the business connection between the parties. The court favored the assessee on documentation fees but sided with the Revenue on royalty payments, emphasizing business connections and income accrual situs for tax liabilities. Each party was directed to bear their respective costs. en-us Thu, 07 Oct 1999 00:00:00 +0530 Tue, 04 Aug 2009 13:30:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15275 The High Court of MADRAS ruled in a case concerning the taxability of technical know-how and royalty payments under a collaboration agreement. The court held that fees for technical documents paid in Switzerland were not subject to Indian income tax as they did not accrue in India. However, royalty payments related to products manufactured under license from a Swiss company were deemed taxable in India due to the business connection between the parties. The court favored the assessee on documentation fees but sided with the Revenue on royalty payments, emphasizing business connections and income accrual situs for tax liabilities. Each party was directed to bear their respective costs. Case-Laws Income Tax Thu, 07 Oct 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15275