Notification No : 40
Section(s) Referred : Section 10
Date of Issue : 4/2/2004
Notification No. 40 of 2004, dt. 4th Feb., 2004
In exercise of the powers conferred by Sub-section (6C) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby declares that any income arising to M/s. Rosoboron Export, the Federal State Unitary Enterprise having its registered office at No. 21. Gogolevskij, Boulevard. Moscow, Russia 119992, by way of fees for technical services only, received in pursuance of its General Contract No.PB/835611233630 dated 28-12-2000. entered into by it with the President of India, for providing the aforesaid services in or outside India, relating to the projects connected with the security of India, shall not be included in computing the total income of the said company under the Income-tax Act, 1961.