Exemption of income of State Foreign Economic Corporation for Export and Import of Armament and Equipment for providing services in or outside India in projects connected with security of India - S.O.1841 - Income Tax Act, 1961
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Tax exemption for technical service fees: specified defence related services income excluded from taxable total under government declaration Central Government declares that any income arising to the State Foreign Economic Corporation for Export and Import of Armament and Equipment by way of fees for technical services received in pursuance of the agreement dated 11 September 1992 with the President of India, for providing services in or outside India in projects connected with security of India, shall not be taken into consideration for computing the total income of the said company under the Income tax Act, 1961.
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.
Tax exemption for technical service fees: specified defence related services income excluded from taxable total under government declaration
Central Government declares that any income arising to the State Foreign Economic Corporation for Export and Import of Armament and Equipment by way of fees for technical services received in pursuance of the agreement dated 11 September 1992 with the President of India, for providing services in or outside India in projects connected with security of India, shall not be taken into consideration for computing the total income of the said company under the Income tax Act, 1961.
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