Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Foreign project classification for hydrocarbon work outside India governs deduction eligibility under the income tax rules. For deduction in respect of profits and gains from projects outside India under section 80HHB, any project outside India for work relating to exploration, exploitation, development and production of hydrocarbons is treated as a foreign project. The rule classifies hydrocarbon-related work outside India within the prescribed foreign project framework for the deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign project classification for hydrocarbon work outside India governs deduction eligibility under the income tax rules.
For deduction in respect of profits and gains from projects outside India under section 80HHB, any project outside India for work relating to exploration, exploitation, development and production of hydrocarbons is treated as a foreign project. The rule classifies hydrocarbon-related work outside India within the prescribed foreign project framework for the deduction.
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