TMI BlogSpecial provisions for computing income by way of royalties, etc., in the case of foreign companiesX X X X Extracts X X X X X X X X Extracts X X X X ..... , 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 th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 hav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with the Indian concern by the Finance Act, 1983, w.e.f. 1-6-1983. 3. Substituted for the 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 th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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