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of <h1>UK Company's Technical Services Income Exempt from Tax Under Income-tax Act; Spare Parts Income Not Exempt</h1> The Central Government has declared that income earned by Dowty Aerospace Gloucester Ltd., a UK-based company, from fees for providing technical services such as training, technical publication, technical representations, and quality assurance, in connection with projects related to the security of India, will be exempt from inclusion in the company's total income under the Income-tax Act, 1961. This exemption applies to services provided under an agreement dated March 31, 1995, with the President of India. However, income from the supply of spare parts related to these services is not exempted.
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