AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Procedure regarding grant of approval under section 80RRA of the Income-tax Act, 1961
X X X X Extracts X X X X
X X X X Extracts X X X X
....61, provides, inter alia, for deduction from the gross total income, in respect of remuneration received in foreign currency by a technician for services rendered outside India. The deduction is at the rate of 50 per cent. of the remuneration or 75 per cent. of the remuneration as is brought into India, whichever is higher. The terms and conditions of services outside India of such technician are ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....g the payment of remuneration in foreign currency for services rendered outside India is not signed by the employer. These infirmities delay the processing of the applications. 4. In order to expedite processing of applications seeking approval under section 80RRA, the following guidelines are issued :_ (i) The application should be signed by the applicant and filed in duplicate and shoul....