TMI BlogTax on Technical Services Income Set at 10% Under Article 12; Overturns AO's Proposed 20% Rate.FTS received by the assessee from rendering of technical services - such income by way of FTS is to be subjected to tax @ 10% under article 12 of the treaty and cannot be subject to tax @ 20% as contemplated by the AO. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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