Incomes not included in total income - Consultancy Services - Fees for technical services received in pursuance of the agreement entered into by the Government of India with M/s. EADS Deutschland GmbH, dated the 22nd June, 2010. - 40/2011 - Income Tax
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Tax exemption for technical services removes specified consultancy fees from taxable total income when tied to national security services. Any income of M/s. EADS Deutschland GmbH arising as fees for technical services received pursuant to the agreement dated 22 June 2010 with the Government of India for consultancy on the Airborne Early Warning and Control System, connected with the security of India, shall not be included in computing the total income of the relevant previous year of that company under the Income-tax Act, by statutory notification.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption for technical services removes specified consultancy fees from taxable total income when tied to national security services.
Any income of M/s. EADS Deutschland GmbH arising as fees for technical services received pursuant to the agreement dated 22 June 2010 with the Government of India for consultancy on the Airborne Early Warning and Control System, connected with the security of India, shall not be included in computing the total income of the relevant previous year of that company under the Income-tax Act, by statutory notification.
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