https://www.taxtmi.com/circulars?id=9184 Qualification for the income-tax exemption requires both a business actually carried on in India and that the technician be in an employer-employee relationship with that business; a foreign employer may qualify only if it carries on the Indian business. Fees charged by a foreign collaborator for loaned employees must be examined for embedded profit-pass-through payments cause no profit, while retained margins constitute profit-and tax authorities should scrutinise agreements and act, including for prior years where necessary. en-us Wed, 03 May 1978 00:00:00 +0530 Thu, 02 Jun 2011 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9184 Qualification for the income-tax exemption requires both a business actually carried on in India and that the technician be in an employer-employee relationship with that business; a foreign employer may qualify only if it carries on the Indian business. Fees charged by a foreign collaborator for loaned employees must be examined for embedded profit-pass-through payments cause no profit, while retained margins constitute profit-and tax authorities should scrutinise agreements and act, including for prior years where necessary. Circulars Income Tax Wed, 03 May 1978 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9184