Tds On Sharing Agreement

(h) income as royalties to be paid by the Indian government or business under an agreement with the Indian government or group, where such royalty applies to the transfer of all or certain rights (including the granting of a licence) in respect of the copyright in a book on a subject within the meaning of the first reservation to section 115A subsection (1A) of the Tax Act income; to the Indian group or, in respect of computer software referred to in section 115A subsection (1A) of the Income Tax Act, to a person established in India A., if the agreement is concluded after 31 March 1961 but before 1 April 1976, in accordance with the simple interpretation of the above provisions, it is interpreted that the contractual value of a property other than agricultural land is equal to or greater than Rs.

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