Government Exempts IT on income received by foreign service provider of Project Seabird (Phase II-A)
IN terms of Section 10(6C) of the Income-tax Act, 1961, the Government hereby declares that any income arising to Sinclair Knight Merz Pty Limited, Australia having its office at 100, Christie Street, P.O. Box 164, St. Leonards, New South Wales, Australia-2065 by way of fees for technical services received in pursuance of the agreement dated the 27th November, 2009 entered into by the Government of India for providing services in or outside India in the Project Seabird (Phase II-A) connected with security of India shall not be included in computing the total income of a previous year of the said company under the said Act.
IT NOTIFICATION NO. , Dated: March 12, 2010