Charter ship hire payments not royalty within the meaning of section 9 of IT Act

RELEVANT PARAGRAPH 12. Section 9(l)(vi)(c) provides that any income by way of royalty payable by a person who is a resident except where the royalty is payable in respect of any right, property or information used or services utilized for the purpose of a business or profession carried on by such person outside India or for the purposes of business or profession carried on by such person outside India or for the purpose of making or earning any income from any source outside India shall be deemed to accrue or arise in India and hence chargeable to tax. Royalty for that purpose means considerat...