https://www.taxtmi.com/acts?id=46427 The amendment inserts chargeability for interest, royalty and fees for technical services when payable by the Government, residents (subject to exceptions where the payments relate to business or income-earning activities carried on outside India) and non-residents (when payments relate to activities carried on in India). It preserves a proviso exempting certain lump-sum royalty payments under pre-existing agreements, provides a deeming rule and option for later agreements, and furnishes expansive definitions of "royalty" and "fees for technical services." en-us Thu, 19 Dec 2024 17:52:59 +0530 Thu, 19 Dec 2024 17:52:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46427 The amendment inserts chargeability for interest, royalty and fees for technical services when payable by the Government, residents (subject to exceptions where the payments relate to business or income-earning activities carried on outside India) and non-residents (when payments relate to activities carried on in India). It preserves a proviso exempting certain lump-sum royalty payments under pre-existing agreements, provides a deeming rule and option for later agreements, and furnishes expansive definitions of "royalty" and "fees for technical services." Act-Rules F. Acts / Amendment Acts Thu, 19 Dec 2024 17:52:59 +0530 https://www.taxtmi.com/acts?id=46427