Debate on 10% vs. 15% Tax Rate for Royalties u/s 115A and UK DTAA Agreement.
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....Rate of tax on Royalty / License fee - 10% u/s 115A or higher rate @ 15% as per DTAA with United Kingdom - The provisions of section 115A(1)(b)(AA) does not debar the assessee to enter into new agreements after change of situation - AT....


TaxTMI