https://www.taxtmi.com/caselaws?id=201715 The Tribunal allowed the assessee's appeal concerning the inclusion of expenses incurred in foreign currency for onsite software development in export turnover under Section 10B of the Income Tax Act. Additionally, the Tribunal upheld the inclusion of foreign exchange retained abroad in export turnover for deduction purposes, dismissing the revenue's appeal. The Special Bench ruled in favor of the assessee on both issues. en-us Tue, 02 Nov 2010 00:00:00 +0530 Tue, 19 Jul 2016 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201715 The Tribunal allowed the assessee's appeal concerning the inclusion of expenses incurred in foreign currency for onsite software development in export turnover under Section 10B of the Income Tax Act. Additionally, the Tribunal upheld the inclusion of foreign exchange retained abroad in export turnover for deduction purposes, dismissing the revenue's appeal. The Special Bench ruled in favor of the assessee on both issues. Case-Laws Income Tax Tue, 02 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201715