TaxTMI 
TaxTMI 
Tax on dividends, royalty and technical service fees in case of foreign companies.
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....l income of a non-resident (not being a company) or a foreign company, which includes any income specified in the column B of the Table below, shall be the aggregate of income-tax specified in the column C thereof. Table Sl. No. Income Income-tax payable A B C 1. Dividend [other than dividends specified against serial number 2. 20% 2. Dividend received from a unit in an International F....
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....able: Sl. No. 20 or 21) or of the Unit Trust of India. 20 % 8. Total income as reduced by income referred to against serial numbers 1 to 7. Income-tax chargeable on such income. (2) Where the total income of a non-resident (not being a company) or of a foreign company, includes any income by way of royalty or fees for technical services received from Government or an Indian concern in pursuan....
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....t serial numbers 1 and 2. Income-tax chargeable on such income. (3) Where the royalty referred to in sub-section (2) is in consideration for the transfer or grant of all or any rights (including the granting of a licence)-- (a) in respect of copyright in any book to an Indian concern; or (b) in respect of any computer software to a person resident in India, then the provisions of sub-sectio....
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....(2). (6) Where the gross total income of an assessee-- (a) consists only of the income referred to in sub-section (1)(Table: Sl. No. 1 to 7), no deduction shall be allowed under Chapter VIII; (b) includes any income referred to in sub-section (1) (Table: Sl. No. 1 to 7), the gross total income shall be reduced by such income and the deduction under Chapter VIII shall be allowed as if such red....