Foreign project definition: hydrocarbon exploration, exploitation, development and production abroad qualifies for deduction under the provision. The amendment inserts a rule prescribing that, for purposes of the deduction for profits and gains from projects outside India under the relevant deduction provision, any project executing work of exploration, exploitation, development and production of hydrocarbons outside India shall be treated as a foreign project.
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 definition: hydrocarbon exploration, exploitation, development and production abroad qualifies for deduction under the provision.
The amendment inserts a rule prescribing that, for purposes of the deduction for profits and gains from projects outside India under the relevant deduction provision, any project executing work of exploration, exploitation, development and production of hydrocarbons outside India shall be treated as a foreign project.
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