High Court Confirms Different Tax Rates for Royalties and Technical Service Fees as per Income Tax Act Section 115(A)(1)(b.

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....Determining the rate of tax u/clauses of Section 115(A)(1)(b) - Different rates of taxes in respect of royalty and piece for technical services were provided under different agreements. Therefore, the Tribunal has rightly taken the view that for the purposes of computing tax payable on the royalty income received, it has to be taxed with reference to the provisions of the agreement. - HC....