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Section 115A - Tax on dividends, royalty and technical service fees in the case of foreign companies

Income Tax - Computation of Income or Rate of Tax in case of Specified Income or in Specified Type of Assesses (Section 115 series) - 01 - SEC - 115A: tax on dividends, royalty and technical service fees in the case of foreign companies NATURE OF INC .....

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n money borrowed by Government/ Indian concern in foreign currency other than referred to in (iii) and (iv) below. 20% (iii) interest received from an infrastructure debt fund referred u/s 10(47) 5% (iv) interest of the nature and extent referred u/s .....

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the Unit Trust of India. However this income is exempt u/s 10(35) Exempt Where the total income of a non-resident (not being a company) or a foreign company includes any income by way of royalty or fees for technical service other than referred u/s 4 .....

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unt of income-tax calculated on the income by way of fees for technical services 10% NOTES:- No deduction of any expense or allowance shall be allowed to the assessee u/s 28 to 44C and section 57 in computing his income referred to in sub-section (1) .....

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