Tax exemption for specified foreign suppliers: royalty and technical fees excluded from taxable income under notified agreement. Statutory declaration excluding from total income the royalty and fees for technical services received by specified foreign companies under a government procurement and technology-transfer agreement for aircraft supplies and acquisition of manufacturing rights and engine technology.
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 specified foreign suppliers: royalty and technical fees excluded from taxable income under notified agreement.
Statutory declaration excluding from total income the royalty and fees for technical services received by specified foreign companies under a government procurement and technology-transfer agreement for aircraft supplies and acquisition of manufacturing rights and engine technology.
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