When Mr. Balu paid royalty to Dr. Peter of Sweden for use of know-how – McqOptions

MCQOPTIONS

1.	When Mr. Balu paid royalty to Dr. Peter of Sweden for use of know-how in India, such payment is
A.	exempt from tax
B.	accruing in India
C.	accrues in Sweden
D.	received in India.
Answer» C. accrues in Sweden

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