Rule 99: For the purposes of this rule and rules 100 to 102, — (a) "contract manufacturer" means an Indian co

Bare law

Rule 99 - For the purposes of this rule and rules 100 to 102, — (a) "contract manufacturer" means an Indian company who produces specified electronic goods on behalf of any foreign company in a custom bonded area; (b) "custom bonded area" means a warehouse as

99. For the purposes of this rule and rules 100 to 102, — (a) "contract manufacturer" means an Indian company who produces specified electronic goods on behalf of any foreign company in a custom bonded area; (b) "custom bonded area" means a warehouse as referred to in section 65 of the Customs Act, 1962; (c) "eligible assessee" means— (i) a foreign company engaged in the business of diamond mining which has exercised an option for application of safe harbour rules in accordance with rule 100; or

Safe harbour for income attribution in case of income from business and profession.

Rule breakdown

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