Deduction under section 80-O denied for overhead and establishment charges paid to Indian service providers. The Attorney General advised that amounts described as overhead and establishment charges paid by a foreign enterprise to an Indian company, incurred in India and separately specified from technical service fees, do not qualify for deduction under Section 80-O; this opinion was circulated to officers for information and necessary action.
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Deduction under section 80-O denied for overhead and establishment charges paid to Indian service providers.
The Attorney General advised that amounts described as overhead and establishment charges paid by a foreign enterprise to an Indian company, incurred in India and separately specified from technical service fees, do not qualify for deduction under Section 80-O; this opinion was circulated to officers for information and necessary action.
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