TMI BlogTaxability of Royalty Income & FTS - assessee had accepted a PE in India - being a member of consortium,...Taxability of Royalty Income & FTS - assessee had accepted a PE in India - being a member of consortium, the appellant company cannot pay royalty to itself and, therefore, the share received from the execution of the three projects is business profit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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