Income arising to foreign company by way of fees for technical services Notified companies - section 10(6C) - 81/2009 - Income Tax

Income arising to foreign company by way of fees for technical services Notified companies - Section 10(6C) Notification No. 81/2009 Dated 27-10-2009 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 M/s BAE Systems (Operations) Limited, Warwick House, PO Box 87, Faraborough Aerospace Centre, Faraborough, Hampshire, GU14 6YU, United Kingdom and M/s Rolls Royce Turbomeca Limited, 4-5 Grosvenor Place, London SW-1, England, by way of royalty or fees for technical services received in pursuance of the following contracts, shall not be included in computing the total income of the said companies under the said Act:- (1) Direct Supply Contract - 24 Hawk Mk 132 AJT act, Trg. Aids, Fixed Spares, Flyaway packs, Supplementary Spares, Ferry of aircraft etc. Interim Flying Training of IAF pilots, training of a crew/maintenance crew and ferry of aircraft from UK to India. The total value of contract is £479,718,664.00 [Air HQ/S 96963/1/1/Proj(AJT)/Direct Supply Contract dated 26 Mar 04]; (2) Services to the IAF in India Contract - The services are being provided by BAE Systems includes Technical support in India, Technical Training in India, Commissioning of Training Aids and Commissioning of the Avionics Ground Test Facility. The total value of the contract is £ 6,745,641.00 [Air HQ/S 96963/1/2/Proj(AJT/Services Contract for services to the IAF in India dated 26 Mar 04]; and (3) EFRC Contract - Qty 70 Electronic Flight Reference Cards for display of emergency actions of Multi Function Display (MFD) of Hawk Mk 132 AJT aircraft. The total value of the contract is £7,757,610.00 [Air HQ/S 96957/3/3/Proj (AJT)/EFRC dated 14 Feb 07 Contract for Qty 70 EFRC]. [F.No.200/48/2004-ITA.1] (Padam Singh) Under Secretary to the Government of India