Section 44DA of Income Tax Act "Special provision for computing income by way of royalties, etc., in case of non-residents"
44DA. (1) The income by way of royalty or fees for
technical services received from Government or an Indian
concern in pursuance of an agreement made by a non-resident
(not being a company) or a foreign company with Government
or the Indian concern after the 31st day of March, 2003,
where such non-resident (not being a company) or a foreign
company carries on business in India through a permanent
establishment situated therein, or performs professional
services from a fixed place of profession situated therein,
and the right, property or contract in respect of which the
royalties or fees for technical services are paid is
effectively connected with such permanent establishment or
fixed place of profession, as the case may be, shall be
computed under the head "Profits and gains of business or
profession" in accordance with the provisions of this Act :
Provided that no deduction shall be allowed,-
(i) in respect of any expenditure or allowance which is not
wholly and exclusively incurred for the business of such
permanent establishment or fixed place of profession in
India; or
(ii) in respect of amounts, if any, paid (otherwise than
towards reimbursement of actual expenses) by the permanent
establishment to its head office or to any of its other
offices :
Provided further that the provisions of section 44BB
shall not apply in respect of the income referred to in this
section.
(2) Every non-resident (not being a company) or a foreign
company shall keep and maintain books of account and other
documents in accordance with the provisions contained in
section 44AA and get his accounts audited by an accountant
as defined in the Explanation below sub-section (2) of
section 288 93[before the specified date referred to in
section 44AB and furnish by that date] the report of such
audit in the prescribed form duly signed and verified by
such accountant.
Explanation.-For the purposes of this section,-
(a) "fees for technical services" shall have the same
meaning as in Explanation 2 to clause (vii) of sub-section
(1) of section 9;
(b) "royalty" shall have the same meaning as in Explanation
2 to clause (vi) of sub-section (1) of section 9;
(c) "permanent establishment" shall have the same meaning as
in clause (iiia) of section 92F.
What are Amounts not deductible? Section 40 of Income Tax Act 1961
What are Profits chargeable to tax? Section 41 of Income Tax Act 1961
Section 43AA Taxation of foreign exchange fluctuation
Section 43CB Computation of income from construction and service contracts
Section 44ADA Special provision for computing profits and gains of profession on presumptive basis