TMI BlogDeduction in respect of remuneration received for services rendered outside IndiaX X X X Extracts X X X X X X X X Extracts X X X X ..... eived by him in foreign currency from any employer (being a foreign employer or an Indian concern) for any service rendered by him outside India, there shall, in accordance with and subject to the provisions of this section, be allowed, in computing the total income of the individual, 2 [ a deduction from such remuneration of an amount equal to- ( i ) sixty per cent of such remuneration for a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed that no deduction under this sub-section shall be allowed unless the assessee furnishes a certificate, in the prescribed form, along with the return of income, certifying that the deduction has been correctly claimed in accordance with the provisions of this section. ]] 4 [ *** ] (2) The deduction under this section shall be allowed- ( i ) in the case of an individual who is or wa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... having specialised knowledge and experience in- ( i ) constructional or manufacturing operations or mining or the generation or distribution of electricity or any other form of power; or ( ii ) agriculture, animal husbandry, dairy farming, deep sea fishing or ship building; or ( iii ) public administration or industrial or business management; or ( iv ) accountancy; or ( v ) any fie ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds authority may allow in this behalf by the Finance Act, 2000, w.e.f. 1-4-2001. Prior to its substitution, the quoted portion, as amended by the Finance Act, 1987, w.e.f. 1-4-1988, Finance (No. 2) Act, 1996, w.e.f. 1-4-1997 and Finance Act, 1999, w.e.f. 1-6-1999, read as under : a deduction from such remuneration of an amount equal to seventy-five per cent of such remuneration, as is brough ..... X X X X Extracts X X X X X X X X Extracts X X X X
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