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of <h1>Attorney General: Overhead and Establishment Expenses Not Deductible u/s 80-O of Income-tax Act, 1961.</h1> In a case concerning section 80-O of the Income-tax Act, 1961, an agreement between an Indian company and a foreign enterprise involved the provision of technical services by the Indian company. The foreign enterprise agreed to pay for these services, including separate charges for overhead and establishment expenses. The issue of whether these payments for overhead and establishment expenses qualify for deduction under section 80-O was referred to the Attorney General of India. The Attorney General concluded that such payments do not qualify for deduction. Relevant documents are enclosed for regional officers' information and necessary action.
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