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Purchase of technical know-how couldn’t be taxed as royalty, says ITAT
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International Tax
Purchase of technical know-how couldn’t be taxed as royalty, says ITAT
Posted on
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May 19, 2015
Tenet Tax Daily May 18 2015
By
tenettax-team
International Tax
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No reassessment after 4 years alleging wrong allowance of exp. if assessee had disclosed all material facts
Sum paid to consultant-doctor without any stipulation of working hours or leave would attract sec. 194J TDS