https://www.taxtmi.com/highlights?id=55062 Levy of tax on the royalties or fees for technical services - rate of tax under the DTAA - 12% or 10% - the substitution has the effect of deleting the old rule and making the new rule operative. Therefore, the Tribunal has rightly determined the rate of tax as substituted in Clause 2 of Article 12 of DTAA between India and Singapore applicable for the entire fiscal year as defined in DTAA and is liable to be taxed at 10%. - HC en-us Thu, 08 Oct 2020 11:46:31 +0530 Thu, 08 Oct 2020 11:46:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=55062 Levy of tax on the royalties or fees for technical services - rate of tax under the DTAA - 12% or 10% - the substitution has the effect of deleting the old rule and making the new rule operative. Therefore, the Tribunal has rightly determined the rate of tax as substituted in Clause 2 of Article 12 of DTAA between India and Singapore applicable for the entire fiscal year as defined in DTAA and is liable to be taxed at 10%. - HC Highlights Income Tax Thu, 08 Oct 2020 11:46:31 +0530 https://www.taxtmi.com/highlights?id=55062