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<h1>Income Tax Act 1961: Definition of Export Turnover under Explanation 2(iv) of Section 10A Excludes Certain Foreign Expenses</h1> Export turnover, as defined under Explanation 2 (iv) for section 10A of the Income Tax Act 1961, refers to the consideration received in convertible foreign exchange for the export of articles, things, or computer software by an undertaking into India. This definition excludes costs related to freight, telecommunication, insurance for delivery outside India, and any foreign exchange expenses incurred for providing technical services abroad.