Fees Paid by ONGC to procure information in respect of exploration of oil and gas is ‘royalty’

ITAT NEW DELHI BENCH ‘E’ ONGC Videsh Ltd. versus Income-tax Officer, International Taxation, TDS, Ward 2(1), New Delhi IT Appeal NOS. 3179 to 3182 (Delhi) OF 2009 & 3394 (Delhi) of 2011 [ASSESSMENT YEARS 2007-08 TO 2009-10] Date of pronouncement: 16.11.2012 ORDER Joginder Singh, Judicial Member  This bunch of five appeals is by the assessee for assessment years 2007-08 to 2009-10 on the ground that on the facts and in the circumstances of the case, ld. first appellate authority erred in law and in fact in upholding the assessment order under section 195/197 o...