Special Provisions for Computing Income by Way of Royalties, etc., in case of Non-Residents and Foreign Companies – Section 44DA

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..... provides that income by way of royalty or fees for technical services received by non-residents and foreign companies from the Govt. or an Indian concern, will be computed on a net income basis i.e. after allowing all expenses under the chapter of PGBP and taxed at the regular tax rate, where such non-resident carries on business in India through a permanent establishment or performs profes .....

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..... ively incurred for the business of such permanent establishment or fixed place of profession in India; and amounts paid by the permanent establishment to the head office or to any of its other offices except reimbursement of actual expenses. Note: - If the income is taxable u/s 44DA, deduction under VI-A, if any, shall be allowed. The provision of section 44BB do not ap .....

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