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    <title>2014 (1) TMI 1257 - ITAT BANGALORE</title>
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    <description>The Tribunal allowed the assessee&#039;s appeal regarding the inclusion of foreign exchange gain in the computation of deduction under Section 10A. It was held that the gain was directly related to export activities and should be considered part of profits eligible for deduction. The Tribunal also dismissed the Revenue&#039;s appeal challenging the exclusion of telecommunication and travel expenses from the total turnover for the same deduction, affirming that such exclusions were justified.</description>
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      <description>The Tribunal allowed the assessee&#039;s appeal regarding the inclusion of foreign exchange gain in the computation of deduction under Section 10A. It was held that the gain was directly related to export activities and should be considered part of profits eligible for deduction. The Tribunal also dismissed the Revenue&#039;s appeal challenging the exclusion of telecommunication and travel expenses from the total turnover for the same deduction, affirming that such exclusions were justified.</description>
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      <pubDate>Fri, 13 May 2011 00:00:00 +0530</pubDate>
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