Tax exemption for royalty and technical fees: specified foreign companies' payments for security-related projects excluded from taxable income. Notification excludes from taxable total income the royalty and fees for technical services received by specified foreign companies under listed agreements with the Government of India for services relating to security-connected projects, chiefly the Kaveri engine programme; royalty exemption applies only where such royalty arises on or after 1 April 2003.
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 royalty and technical fees: specified foreign companies' payments for security-related projects excluded from taxable income.
Notification excludes from taxable total income the royalty and fees for technical services received by specified foreign companies under listed agreements with the Government of India for services relating to security-connected projects, chiefly the Kaveri engine programme; royalty exemption applies only where such royalty arises on or after 1 April 2003.
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