Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government Exempts Dowty Aerospace's Technical Service Income from Tax Under Section 10(6C) of Income Tax Act 1961</h1> The Central Government, under clause (6C) of section 10 of the Income Tax Act, 1961, exempts income arising from fees to M/s Dowty Aerospace Gloucester Limited for technical services related to training, technical publication, representations, and quality assurance. These services are provided under Agreement AR/8701 dated March 31, 1995, with the President of India, related to projects connected with India's security. This income will not be included in the company's total income for tax purposes. However, income from the supply of spare parts under these services is not exempted.