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Income Tax - Highlights / Catch Notes

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Computation of deduction u/s 10A - exclusion of expenditure ...

Income Tax

November 30, 2018

Computation of deduction u/s 10A - exclusion of expenditure incurred in foreign currency in export of software, from the purview of 'Export Turnover' - the artificial split up of the transaction by the Assessing Officer, that too without any materials on his file, is wholly unsustainable

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