Special provisions for computing income by way of royalties, etc., in the case of foreign companies

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....4C, in the case of an assessee, being a foreign company,- (a) the deductions admissible under the said sections in computing the income by way of royalty or fees for technical services received ^2[from Government or an Indian concern in pursuance of an agreement made by the foreign company with Government or with the Indian concern] before the 1st day of April, 1976, shall not exceed in t....

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....^4[but before the 1st day of April, 2003]; (c) ^5[****] (d) ^6[****] Explanation.-For the purposes of this section,- (a) "fees for technical services" shall have the same meaning as in ^7[Explanation 2] to clause (vii) of sub-section (1) of section 9; (b) "foreign company" shall have the same meaning as in section 80B; (c) "royalty" shall have the sa....

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.... it was read as, "from an India concern in pursuance of an agreement made by the foreign company with the Indian concern" 3.  Substituted vide Section 19 of the Finance Act, 1983 w.e.f. 01-06-1983 before it was read as,  "from an Indian concern in pursuance of an agreement made by the foreign company with the Indian concern" 4.  Inserted vide Secti....

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....in computing the income referred to in clause (ab) of sub-section (1) of section 115A." Earlier, Inserted vide Section 16 of the Finance (No. 2) Act, 1991 w.e.f. 01-04-1989 7.  Substituted vide Section 29 of the Finance (No. 2) Act, 1977 w.e.f. 01-04-1977 before it was read as, "the Explanation" 8.  Substituted vide Section 29 of the Finance (No. 2) Act, 197....