Clause 5
Amendment of section 97H
of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill
Section 97H of the principal Act is amended by deleting paragraphs (d) and (e) of the definition of “qualifying activity” and substituting the following paragraphs:“(d)technical services including construction, distribution, design and engineering services;
consultancy, management, supervisory or advisory services relating to any technical matter or to any trade or business;
fabrication of machinery and equipment and procurement of materials, components and equipment;
data processing, programming, computer software development, telecommunications and other computer services;
professional services including accounting, legal, medical and architectural services;
educational and training services; and
any other activities or services as may be prescribed;”.