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2018 (7) TMI 1630 - HC - Income TaxDeduction u/s 10A computation - Whether reimbursement of expenses obtained by the assessee for services rendered outside the country has to be excluded from the total turnover, since it stands excluded from the export turnover? - Held that:- The issue is no longer res integra and is covered by the decision of the Hon'ble Supreme Court in CIT v. HCL Technologies Ltd. [2018 (5) TMI 357 - SUPREME COURT] as held if the deductions on freight, telecommunication and insurance attributable to the delivery of computer software under section 10A of the Income-tax Act are allowed only in export turnover but not from the total turnover then, it would give rise to inadvertent, unlawful, meaningless and illogical result which would cause grave injustice to the respondent which could have never been the intention of the Legislature. - Decided in favour of assessee
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