INCOME TAX ACT, 1961

Section 10A

Deduction under section 10A - Computation of - Treatment of expenses excluded from export turnover -

Assessee claimed deduction under section 10A. AO re-computed amount deductible after excluding expenditure incurred on travel, telecommunication, etc., from export turnover, however, without reducing the same from total Turnover. Held: Expenses reduced from export turnover were to be reduced from the total turnover as well while computing deduction available under section 10A.

Applied:CIT v. HCL Technologies Ltd. Civil Appeal Nos. 8489-8490/2013 dated 24-4-2018 : 2018 TaxPub(DT) 2138 (SC)

REFERRED :

FAVOUR : in assessee's favour

A.Y. : 2011-12

INCOME TAX ACT, 1961

Section 10A

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