https://www.taxtmi.com/caselaws?id=385017 Amounts payable under a foreign award for breach of contract, arbitration costs, legal costs, and interest were held not liable to withholding tax in India under the India-Switzerland tax treaty or the Income-tax Act. The treaty clause for "other income" was confined to lottery-type receipts and did not extend to contractual compensation. Arbitration and legal costs could not be recharacterised as fee for technical services merely because they formed part of the award, and the same treaty reasoning applied to interest. Any assessment issues were left to be pursued, if at all, against the judgment debtor in accordance with law, not by deduction at the execution stage. en-us Wed, 31 Jul 2019 00:00:00 +0530 Wed, 28 Aug 2019 07:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385017 Amounts payable under a foreign award for breach of contract, arbitration costs, legal costs, and interest were held not liable to withholding tax in India under the India-Switzerland tax treaty or the Income-tax Act. The treaty clause for "other income" was confined to lottery-type receipts and did not extend to contractual compensation. Arbitration and legal costs could not be recharacterised as fee for technical services merely because they formed part of the award, and the same treaty reasoning applied to interest. Any assessment issues were left to be pursued, if at all, against the judgment debtor in accordance with law, not by deduction at the execution stage. Case-Laws Income Tax Wed, 31 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385017