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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Rate of tax - royalty income earned by the assessee from its ...

Income Tax

February 13, 2019

Rate of tax - royalty income earned by the assessee from its Indian Associated Enterprises, pursuant to an agreement dated 01-04-2008, should be charged to tax at 10.5060%.

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  4. Transactions under a software license agreement - The license charges earned by assessee was not liable to be treated as royalty.

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