India - Income Tax Act 2010 - Saarc

Sch. I FINANCE ACT, 2010 2.34Rate of income-tax(B) on income by way of royalty payable byGovernment or an Indian concern inpursuance of an agreement made by itwith the Government or the Indian concernwhere such royalty is in considerationfor the transfer of all or anyrights (including the granting of a licence)in respect of copyright in anybook on a subject referred to in the firstproviso to sub-section (1A) of section115A of the Income-tax Act, to the Indianconcern, or in respect of any computersoftware referred to in the secondproviso to sub-section (1A) of section115A of the Income-tax Act, to aperson resident in India—(I) where the agreement is made onor after the 1st day of June, 1997but before the 1st day of June,2005(II) where the agreement is made onor after the 1st day of June, 2005(C) on income by way of royalty [not beingroyalty of the nature referred to in subitem(b)(ii)(B)] payable by Governmentor an Indian concern in pursuance of anagreement made by it with the Governmentor the Indian concern and wheresuch agreement is with an Indian concern,the agreement is approved by theCentral Government or where it relatesto a matter included in the industrialpolicy, for the time being in force, of theGovernment of India, the agreement isin accordance with that policy—(I) where the agreement is made onor after the 1st day of June, 1997but before the 1st day of June,2005(II) where the agreement is made onor after the 1st day of June, 2005(D) on income by way of fees for technicalservices payable by Government or anIndian concern in pursuance of an agreementmade by it with the Governmentor the Indian concern and where such20 per cent;10 per cent;20 per cent;10 per cent;