Income Tax Act | 'Fee For Technical Services' Means Transfer Of 'Specialised'/ 'Distinctive' Knowledge Or Skill By Service Provider: Delhi HC

The Delhi High Court clarified that the fee for technical services under Section 9(1)(vii) of the Income Tax Act means the transfer of specialized, distinctive knowledge or skill by the service provider. This clarifies the scope of technical services for tax purposes. The ruling helps distinguish between regular business services and specialized technical services. This distinction is important for determining tax liabilities on such services.