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2016 (5) TMI 260 - AT - Income TaxCalculation of deduction u/s 10A - exclusion of telecommunication expenses and foreign travel expenditure from export turnover for the purpose of deduction - Held that:- We direct the AO to exclude the above mentioned expenses both from the export turnover as well as from the total turnover while calculating deduction u/s 10A of the Act. See CIT Vs. Gem Plus Jewellery India [2010 (6) TMI 65 - BOMBAY HIGH COURT ] wherein held that since the export turnover forms part of the total turnover, if an item is excluded from the export turnover, the same should also be reduced from the total turnover to maintain parity between numerator and denominator while calculating deduction u/s 10A of the Act
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