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2012 (12) TMI 634 - AT - Income TaxDeduction u/s 10A - whether exchange fluctuation gains to be included as part of export turnover - Held that:- Considering the judgment of ACIT v. Inautix Technologies India (P) Ltd [2012 (12) TMI 615 - ITAT CHENNAI] Fluctuation is part of export turnover for the purpose of computation of deduction under section 10A. Engineering and design charges - Held that:- As per CBDT notification No. 890(E) dated 26.09.2000 specifying that engineering and design services are information technology enabled products entitled to be treated as software and when transmitted to foreign countries, they have to be treated as exports for the purpose of deduction under section 10A – in favour of assessee.
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