Consideration for the execution of foreign projects payable in non-convertible rupees from bilateral account countries--Treatment under section 80HHB of the Income-tax Act, 1961

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..... -5-1990 Circular
Income Tax
Consideration for the execution of foreign projects payable in non-convertible rupees from bilateral account countries--Treatment under section 80HHB of the Income-ta .....

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..... s that the consideration for the execution of such project or, as the case may be, of such work is payable in convertible foreign exchange. 2. Doubts have been raised as to whether the consideration .....

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