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Notification: 10888
Section(s) Referred: s. 10(6C)
Statute: INCOME TAX
Date of Issue: 4/5/1999
In exercise of the powers conferred by clause (6C) of section 10 of the IT Act, 1961 (43 of 1961), the Central Government hereby dealers that any income arising by way of fees to M/s Dowty Aerospace Gloucester Limited, a company having its registered office at Cheltanham Road, Gloucester, GL2 9HQ, U.K. for such technical services as training, technical publication, technical representations and quality assurance received in pursuance of the Agreement AR/8701 dated 31st March, 1995 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 IT Act, 1961 :
Provided that income on supply of spare parts in pursuance of the said services shall not be exempted under said clause.
[F.No. 200/17/98-ITA-I]
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