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of <h1>Amendment to Section 80-HHE: Tax Deductions for Software Exporters and Supporting Developers with Certification Requirements</h1> The amendment to Section 80-HHE of the Income-tax Act, effective April 1, 1999, introduces provisions for companies engaged in exporting computer software. It allows deductions for supporting software developers who sell software to exporting companies, contingent upon specific certifications. The amendment defines 'exporting company' and 'supporting software developer,' and requires supporting developers to provide an accountant's report and a certificate from the exporting company. The profits eligible for deduction depend on the proportion of software sold to exporting companies relative to total business turnover. Additional clauses clarify the inclusion of customized electronic data and certification requirements.
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