Exemption under Section 10(48) - Notified Foreign oil Company selling crude oil in India

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..... ication No. 22/2012 Dated 14-6-2012 S.O. 1324(E) - In exercise of the powers conferred by clause (48) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the national interest, hereby notifies for the purposes of the said clause, the National Iranian Oil Company, as the foreign company and the Memorandum of Under .....

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