Insertion of new section 44BBB

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 1990, namely :- '44BBB. Special provision for computing profits and gains of foreign comp....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....approved by the Central Government in this behalf and financed under any international aid programme, a sum equal to ten per cent. of the amount paid or payable (whether in or out of India) to the sai....