Special provision for computing profits and gains of non-residents engaged in business of providing services or technology for setting up an electronics manufacturing facility or in connection with manufacturing or producing electronic goods, article or thing in India. [ Section 44BBD ]

Special provision for computing profits and gains of non-residents engaged in business of providing services or technology for setting up an electronics manufacturing facility or in connection with manufacturing or producing electronic goods, article or thing in India. [ Section 44BBD ] https://www.taxtmi.com/manuals?id=7932 A presumptive taxation regime treats a fixed proportion of specified receipts payable to or received by non-residents for providing services or technology related to setting up or supporting electronics manufacturing facilities as taxable profits, applicable only where the resident recipient participates in a Central Government-notified scheme and satisfies prescribed conditions. The receipts base includes amounts paid/payable and received/deemed received, excludes domestic royalty/technical-fee computational provisions, and bars set-off of unabsorbed depreciation and brought-forward losses when the presumptive computation is adopted. en-us Fri, 18 Apr 2025 18:11:08 +0530 Fri, 18 Apr 2025 18:11:08 +0530 TaxTMI RSS Generator Special provision for computing profits and gains of non-residents engaged in business of providing services or technology for setting up an electronics manufacturing facility or in connection with manufacturing or producing electronic goods, article or thing in India. [ Section 44BBD ] https://www.taxtmi.com/manuals?id=7932 A presumptive taxation regime treats a fixed proportion of specified receipts payable to or received by non-residents for providing services or technology related to setting up or supporting electronics manufacturing facilities as taxable profits, applicable only where the resident recipient participates in a Central Government-notified scheme and satisfies prescribed conditions. The receipts base includes amounts paid/payable and received/deemed received, excludes domestic royalty/technical-fee computational provisions, and bars set-off of unabsorbed depreciation and brought-forward losses when the presumptive computation is adopted. Manuals Income Tax Fri, 18 Apr 2025 18:11:08 +0530 https://www.taxtmi.com/manuals?id=7932