https://www.taxtmi.com/acts?id=47159 Amendment to section 40 replaces clause (a)(i) to disallow deduction for interest, royalty, fees for technical services or other sums payable outside India where tax has not been paid or deducted under Chapter XVII-B, while allowing deduction in the previous year if such tax is subsequently paid or deducted; royalty and fees for technical services are defined by reference to the explanations to clause (vi) and (vii) of sub-section (1) of section 9, and clause (d) is omitted. en-us Wed, 08 Jan 2025 11:27:32 +0530 Wed, 08 Jan 2025 11:27:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=47159 Amendment to section 40 replaces clause (a)(i) to disallow deduction for interest, royalty, fees for technical services or other sums payable outside India where tax has not been paid or deducted under Chapter XVII-B, while allowing deduction in the previous year if such tax is subsequently paid or deducted; royalty and fees for technical services are defined by reference to the explanations to clause (vi) and (vii) of sub-section (1) of section 9, and clause (d) is omitted. Act-Rules F. Acts / Amendment Acts Wed, 08 Jan 2025 11:27:32 +0530 https://www.taxtmi.com/acts?id=47159