Computer programmes expanded to include processing or management of electronic data, altering tax treatment of related production profits. Profits and gains derived by an undertaking from the production of computer programmes under section 10B, as it stood before substitution, are to be ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Computer programmes expanded to include processing or management of electronic data, altering tax treatment of related production profits.
Profits and gains derived by an undertaking from the production of computer programmes under section 10B, as it stood before substitution, are to be construed as if the phrase were expanded to read "computer programmes or processing or management of electronic data," thereby broadening the activities whose production-related profits fall within that tax conception.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 1
Join Channel
TaxTMI 
