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2016 (7) TMI 1409 - AT - Income TaxComputation of deduction u/s 10A - Exclude telecommunication expenses from the total turnover as well as export turnover - Held that:- There should be uniformity in the ingredients of both the numerator and the denominator of the formula, Section 10-A is a beneficial section. It is intended to provide incentives to promote exports. If the export turnover in the numerator is to be arrived at after excluding certain expenses, the same should also be excluded in computing the export turnover as a component of total turnover in the denominator. SEE ACIT vs. Tata Elxsi [2011 (8) TMI 782 - KARNATAKA HIGH COURT ] TPA - comparable selection criteria - Held that:- Companies functionally dissimilar and not comparable with that of the software development company as that of assessee need to be deselected from final list.
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