Foreign Project definition clarifies tax treatment for projects executed outside India under specified income tax provisions. For the purposes of section 80HHB(2)(b) of the Income tax Act, Foreign Project means a project outside India consisting of construction of buildings, ... Summary
Foreign Project definition clarifies tax treatment for projects executed outside India under specified income tax provisions.
For the purposes of section 80HHB(2)(b) of the Income tax Act, Foreign Project means a project outside India consisting of construction of buildings, roads, dams, bridges or other structures; assembly or installation of machinery or plant; or execution of other prescribed works.
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