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2005 (5) TMI 246 - AT - Income Tax
Extract:
.......o the articles and things exported by the assessee. Such profits are, therefore, in the same nature as the sale proceeds and there is no reason while deduction under section 10A should not be allowed in respect of such exchange gain. Therefore, we vacate the order of the ld. CIT(A) on this issue. 23. In the result, the appeal stands partly allowed.