Fees for technical services - Definition / Legal Terminology - Income Tax

Explanation 2 - For the purposes of clause (vii) of sub-section (1) of section 9 of the Income tax Act 1961 - Fees for technical services means- any consideration (including any lump sum consideration) for the rendering of any managerial, technical or consultancy services (including the provision of services of technical or other personnel) but does not include consideration for any construction, assembly, mining or like project undertaken by the recipient or consideration which would be income of the recipient chargeable under the head Salaries .