https://www.taxtmi.com/acts?id=3598 Special computation rules require that, for a foreign company, deductions under general business provisions for royalties or fees for technical services received under pre cut off agreements are capped in the aggregate at twenty per cent of the gross amounts after excluding lump sum consideration for transfers or imparting of information outside India; for receipts after the cut off and before a later statutory date, no such deductions are allowed. The section also defines key terms and contains a deeming provision treating certain post cut off receipts as arising under pre cut off agreements for specified purposes. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Aug 2025 18:02:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3598 Special computation rules require that, for a foreign company, deductions under general business provisions for royalties or fees for technical services received under pre cut off agreements are capped in the aggregate at twenty per cent of the gross amounts after excluding lump sum consideration for transfers or imparting of information outside India; for receipts after the cut off and before a later statutory date, no such deductions are allowed. The section also defines key terms and contains a deeming provision treating certain post cut off receipts as arising under pre cut off agreements for specified purposes. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3598