Approval of agreements for the purposes of section 80MM of the Income-tax Act, 1961-Guidelines regarding

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....No. 140 dt. 6th July, 1974* See [1974] 95 ITR (St.) 144. The guidelines contained in sub-para. (vii) of para. 1 have since been modified and the revised guidelines contained in this paragraph are as follows:- (vii)(a) where the agreement is for provision of a technical know how which is likely to assist in the manufacture of goods or the processing of materials or in the installation or erection ....