Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (11) TMI 216 - AT - Income TaxDeduction u/s 10A computation - export turnover disallowance - HELD THAT:- We find force in the assessee's ground No. (i) to be specific wherein its case is that whatever revenue item is excluded from export turnover, the very course of action applies to the total turnover as well. DR fails to dispute that not only the hon'ble apex court's landmark decision in CIT Vs. HCL Technologies Ltd. [2018 (5) TMI 357 - SUPREME COURT] has settled the instant issue but also the CBDT has issued its circular No. 4/2018, dt. 14-08-2018 that such an item; excluded from the export turnover, is not included in the total turnover as well.
|