https://www.taxtmi.com/caselaws?id=17420 The court ruled in favor of the Revenue and against the assessee, determining that 20% of the fee of 2,04,032 Swiss francs was taxable as royalty. The court clarified the distinction between technical services fees and royalty, holding that while technical services fees may be exempt under certain conditions, royalty remains taxable. The judgment highlights the significance of comprehending agreement terms and their implications under tax law. en-us Wed, 17 Apr 1996 00:00:00 +0530 Tue, 22 Sep 2009 12:47:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17420 The court ruled in favor of the Revenue and against the assessee, determining that 20% of the fee of 2,04,032 Swiss francs was taxable as royalty. The court clarified the distinction between technical services fees and royalty, holding that while technical services fees may be exempt under certain conditions, royalty remains taxable. The judgment highlights the significance of comprehending agreement terms and their implications under tax law. Case-Laws Income Tax Wed, 17 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17420