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

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..... 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 the aggregate twenty per ce .....

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..... 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 same meaning as in 8[Explanation 2] to clause (vi .....

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..... portion beginning with "from an Indian concern" and ending with "with the Indian concern" by the Finance Act, 1983, w.e.f. 1-6-1983. 4. Inserted by the Finance Act, 2003, w.e.f. 1-4-2004. 5. Omitted by the Finance Act, 1994, w.e.f. 1-4-1995. Prior to its omission, clause (c) was inserted by the Finance Act, 1983, w.e.f. 1-6-1983. 6. Omitted by the Finance Act, 1994, w.e.f. .....

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