TMI BlogFinance Act 2010 amends Income Tax Act Section 9, clarifying royalty and FTS taxation retroactively from June 1, 1976.Royalty / FTS - Insertion of Explanation to section 9 by way of amendment by Finance Act, 2010 with retrospective effect from 01-06-1976 - whether it changes the position of law? - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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