Computation of royalty and fee for technical services in hands of non-residents.

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Full Text of the Document

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....ar, shall be computed under the head "Profits and gains of business or profession" under this Act, if the following conditions are satisfied:-- (a) income is received from the Government or an Indian concern; (b) income is in pursuance to an agreement made by the specified assessee with the Government or the Indian concern; (c) the specified assessee carries on business ....