https://www.taxtmi.com/caselaws?id=213648 The Appellate Tribunal ITAT, Bangalore upheld the CIT(A)'s decision to exclude telecommunication expenses from both export turnover and total turnover for calculating deduction u/s 10A of the IT Act, aligning with legal precedents emphasizing parity in turnover calculations. The Tribunal dismissed the revenue's appeal, directing the Assessing Officer to apply consistent treatment of expenses in both turnovers to ensure accurate deduction computation, in line with established principles and formulae for export profit calculation. en-us Tue, 18 Oct 2011 00:00:00 +0530 Tue, 24 Apr 2012 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213648 The Appellate Tribunal ITAT, Bangalore upheld the CIT(A)'s decision to exclude telecommunication expenses from both export turnover and total turnover for calculating deduction u/s 10A of the IT Act, aligning with legal precedents emphasizing parity in turnover calculations. The Tribunal dismissed the revenue's appeal, directing the Assessing Officer to apply consistent treatment of expenses in both turnovers to ensure accurate deduction computation, in line with established principles and formulae for export profit calculation. Case-Laws Income Tax Tue, 18 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213648