Amendment of Section 109

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..... , the words a consultancy service company shall be substituted; (ii) for sub-clause (3) the following sub-clause shall be substituted, namely :- (3) in the case of an Indian company, not being an Indian company referred to in clause (a) of sub-section (4) of section 104 or a consultancy service company, a part of whose gross total income consists of profits and gains attributable to - (i) the bus .....

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..... ....... 90%; (2) in any other case ........ 60%. Explanation : The provisions of this Chapter shall apply as if each of the aforesaid parts of the gross total income of the company were the gross total income of the company in relation to that part and as if the amount of dividends actually distributed and the distributable income were also similarly apportioned for the purposes of section 104 an .....

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