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Section 44 d


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Section 44 d

  1. 1. Section 44 D
  2. 2. <ul><li>It is available for foreign companies. </li></ul><ul><li>It is for income by way of royalties and technical service fees </li></ul><ul><li>Conditions </li></ul><ul><li>Agreement should have been made before April 1, 1976 </li></ul><ul><li>approval from CG </li></ul><ul><li>Income should be from transfer outside India of or imparting of information outside India in respect of any data, documentation, drawing or specification relating to any patent, invention, model, design, secret formula or process or trade mark. </li></ul>
  3. 3. <ul><li>Amount of deduction </li></ul><ul><li>Actual expenses incurred </li></ul><ul><li>Or </li></ul><ul><li>20% of the gross amount of royalty received </li></ul><ul><li>Whichever is less </li></ul><ul><li>Reduced by the lump sum consideration for the transfer. </li></ul>