Notification: S.O. 136(E)
Section(s) Referred: 10 ,10(6C)
Statute: INCOME TAX
Date of Issue: 19/2/1998
In exercise of the powers conferred by clause (6C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby declares that any income arising to the Redecon Australia Private Limited, a foreign company having its office at 100, Christie Street, St. Leonards, NSW, Australia-2065, and the NEDECO a foreign company having its office at Barbarossastraat 35, P. O. Box No. 151, 6500 AD Nijmegen, The Netherlands, by way of fees for technical services received in pursuance of the agreement dated February 27, 1997, entered into with the Government of India for providing services in or outside India in projects connected with the security of India shall not be taken into consideration for computing the total income of the said companies under the Income-tax Act, 1961.
(Sd.) H. K. Choudhary, Under Secretary to the Government of India.
[Notification No. 10535/F. No. 200/47/97-ITA-I