https://www.taxtmi.com/acts?id=20439 Amendments adjust book profit computation to account for patent royalty expenditures and income under the special patent royalty tax regime; retrospectively exclude certain foreign companies without an Indian permanent establishment (or without company registration obligations) from the section's applicability; and grant IFSC units earning solely in convertible foreign exchange a reduced effective tax charge under the special provision, with definitions for IFSC, unit, and convertible foreign exchange. en-us Mon, 29 Feb 2016 16:45:06 +0530 Mon, 29 Feb 2016 16:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20439 Amendments adjust book profit computation to account for patent royalty expenditures and income under the special patent royalty tax regime; retrospectively exclude certain foreign companies without an Indian permanent establishment (or without company registration obligations) from the section's applicability; and grant IFSC units earning solely in convertible foreign exchange a reduced effective tax charge under the special provision, with definitions for IFSC, unit, and convertible foreign exchange. Act-Rules Bill Mon, 29 Feb 2016 16:45:06 +0530 https://www.taxtmi.com/acts?id=20439