Bill Income by way of royalty or fees for technical services exempted from income tax for certain foreign companies - 120/2006 - Income Tax

Bill Income by way of royalty or fees for technical services exempted from income tax for certain foreign companies NOTIFICATION NO 120/2006, dated 16-5-2006 S.O. 723(E). 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 foreign companies specified in column (2) of the table given below, by way of royalty or fees for technical services received in pursuance of the agreements specified in column (3) of the table, entered into by them with the Government of India for providing the services specified in column (4) of the table, in or outside India relating to the projects connected with security of India, shall not be included in computing the total income of the said company under the Income - tax Act, 1961, provided that the income by way of royalty would be exempt from taxation if such income has arisen on or after the 1st April, 2003. TABLE Sl. No Name Address of Foreign Company Contract Number and Date Nature of technical services (1) (2) (3) (4) 1 M/s. Snecma Moteurs, 2, boulevard du General Martial Valin 75724-Paris Cedex 15 -France KAV/FFEC/1081/GTRE dated 28.09.2001 Technical Audit of Design Works relating to The Kaveri Engine Programme 2 Federal State Unitary Enterprise "Russian Technologies", 1, 1-ja Tveskaja-Yamskaja str., Moscow, 125818, KAV/FFEC/1020/GTRE dated 01.03.2000 Exploratory Altitude Testing of Kaveri Engine 3 Federal State Unitary Enterprise, 'Rosoboronexport", 27/3, Stromynka Street, Moscow, Russia, 107076 Amendment No. 335634211707 to KAV/FFEC/1020/GTRE dated 01-03-2000 Exploratory Altitude Testing of Kaveri Engine 4 Federal State Unitary Enterprise, "Rosoboronexport", 27/3, Stromynka Street, Moscow, Russia, 107076 P/135634011927-KAV/FFEC/1045/GTRE dated 22.03.2002 Fan Casing Containment Test for Kaveri Engine 5 Federal State Unitary Enterprise, 'Rosoboronexport", 27/3, Stromynka Street, Moscow, Russia 107076 P/135634011930-KAV/FFEC/1042/GTRE dated 22.03.2002 Testing for Main Combustor at Sea level and Altitude conditions 6 Scientific Centre, Russian Federation, M/s Gromov Flight Research Institute Zhukovski, Moscow Region. KAV/FFEC/799/GTRE dated 22.03.2002 Various Technical services for Kaveri Engine 7. M/s. Kolb+Baumann Prazisions-Messeuge Daimlerstra Be 24 D63741, Aschaffenburg, Germany GTRE/MMG/FEKV/3026/ 02/FPO/03 dated 14.07.2003 Consultancy services for CMM using 'KOBA STEP GAUGE" with GUK-S Software. 8. M/s. ACRI, 260, Route Du Pin Montard BP 234-06904 Sophia Antipolis, France KAV/FFEC/1065/GTRE dated 31.10.2001 Development of Software using 3D flow field analysis for the fabrication of Combustor for Kaveri Engine. 9. Test Devices INC., 6, Loring Street, Hudson MA 01749, USA GTRE/MMG/FEKV/3017/ 02/FPC/A/03 dated 30.09.2003 Over speed Burst margin test on K6HPC Rotor assembly 10. Test Devices INC., 6, Loring Street, Hudson MA 01749, USA GTRE/MMG/FEKV/3018/ 02/FPC/A/03 dated 17.10.2003 Over speed burst margin test on K6 Fan Rotor assembly 11. Test Devices INC., 6, Loring Street, Hudson MA 01749, USA GTRE/MMG/FEKV/3007/ 03/FPC/A/03 dated 20.03.2004 Design, Analysis, Testing Optimization of Damper for the LP Turbine Rotor Blade 12. MTU Aero Engines, GmbH Co. KG Represented by MTU Aero engines Verwaltungs GmbH Postfach 50 06 40, 80976 Muenchen Germany GTRE/MMG/FEKV/3009/ 03/FPC/A/04 dated 23.08.2004 Over speed Burst Margin Test on K6HP Turbine Rotor Assembly 13. MTU Aero Engines, GmbH Co. KG Represented by MTU Aero engines Verwaltungs GmbH Postfach 50 06 40, 80976 Muenchen Germany GTRE/MMG/FEKV/300 8/03/FPC/A/04 dated 23.08.2004 Over speed Burst Margin Test on K6 LP Turbine Rotor Assembly 14. M/s. Samtech S.A. Parc Scoemtofoque Du Sart Tilman Rue Des Chasseurs Ardemmais 8, B-4031, Angleur (Belgium) GTRE/MMG/FEKV/301 9/02/FPC/03 dated 29.08.2003 Dynamic Analysis under Blade off condition of Kaveri engine 15. Applied Technology Consultants Ltd., Holland House, 30, Old street, Clevedon BS 21 6BY, UK KAV/FFEC/997/GTRE dated 31.08.1999 Consultancy for Reheat System Design Review/Audit 16. Applied Technology Consultants Ltd., Holland House, 30, Old street, Clevedon BS 21 6BY, UK KAV/FFEC/996/GTRE dated 31.08.1999 Consultancy for HP Turbine Risk Analysis/Review 17. Applied Technology Consultants Ltd., Holland House, 30, Old street, Clevedon BS 21 6BY, UK KAV/FFEC/998/GTRE dated 31.08.1999 Consultancy for Weight Reduction Study 18. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS 21 7RA, UK KAV/FFEC/1011 /GTRE dated 28.10.1999 Consultancy for Thermal and Hydraulic Modelling of Kaveri Lubrication System 19. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS 21 7RA, UK KAV/FFEC/1027A/GTRE dated 14.09.2000 Consultancy for Kaveri Fan Aerodynamic and Mechanical Design Review/Audit and enhancement. 20. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS 21 7RA, UK KAV/FFEC/1028/GTRE dated 14.09.2000 Consultancy for Critical Design Review of the Kaveri Engine Project 21. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS21 7RA, UK KAV/FFEC/1027/GTRE dated 14.09.2000 Consultancy for Accelerated Simulated Mission Endurance Test (ASMET) Cycle and test schedule definition and development programme integration. 22. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS21 7RA, UK KAV/FFEC/1088/GTRE dated 12.06.2001 Consultancy for Kaveri Integrated Test, Development and Procurement programmes 23. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS21 7RA, UK KAV/FFEC/1075/GTRE dated 05.07.2001 Consultancy for Kaveri PFRT Fan Aerodynamic Design 3D Blade-to-Blade and Viscous Analysis (ATC 506 issue 01) 24. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS21 7RA, UK KAV/FFEC/1074/GTRE Dated 25.08.2001 Consultancy for Kaveri K4 Build 06 HP Compressor Blade Stage 1 Failure Investigation and Follow-up (ATC 507 issue 01) 25. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS21 7RA, UK KAV/FFEC/1080/GTRE Dated 25.08.2001 Consultancy for Review and Proposal for the Resolution of Vibration Problems in the Kaveri Engine 26. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS21 7RA UK KAV/FFEC/1089/GTRE Dated 12.06.2001 Consultancy for Design Review and Audit of High Temperature High Pressure Heat Transfer Rig 27. Applied Technology Consultants Ltd., Brunel House, 5, Elton Road, Clevedon BS21 7RA, UK KAV/FFEC/1080/GTRE Dated 22.01.2004 Consultancy for Kaveri K5 K8 Compressor Blade Stage I vibration Rub Investigation Problems in the Kaveri Engine [F.No.200/95/2004-ITA-I]