https://www.taxtmi.com/caselaws?id=35144 The ruling determined that the income derived by PF Thor should be computed under Section 44BB of the Income-tax Act, 1961, with an effective tax rate of 4.223%. The consideration for services provided could not be classified as 'Royalty' under Section 9(1)(vi), and there was no need to classify it as 'Fees for technical services' under Section 9(1)(vii). The ruling was issued on December 21, 2009. en-us Mon, 21 Dec 2009 00:00:00 +0530 Wed, 01 Sep 2010 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35144 The ruling determined that the income derived by PF Thor should be computed under Section 44BB of the Income-tax Act, 1961, with an effective tax rate of 4.223%. The consideration for services provided could not be classified as 'Royalty' under Section 9(1)(vi), and there was no need to classify it as 'Fees for technical services' under Section 9(1)(vii). The ruling was issued on December 21, 2009. Case-Laws Income Tax Mon, 21 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35144