Self-Imposed Expenditure Disallowance Not Considered Income for Section 10A Deductions Under Income Tax Act.

Self-Imposed Expenditure Disallowance Not Considered Income for Section 10A Deductions Under Income Tax Act. https://www.taxtmi.com/highlights?id=23877 Computation of deduction u/s 10A - it would not be possible to say that the suo-motu disallowance of any expenditure (which has already resulted in out go of money) would give rise to receipt of any money, which can be called as income generated out of software development activity - AT en-us Wed, 22 Jul 2015 10:21:18 +0530 Wed, 22 Jul 2015 10:21:18 +0530 TaxTMI RSS Generator Self-Imposed Expenditure Disallowance Not Considered Income for Section 10A Deductions Under Income Tax Act. https://www.taxtmi.com/highlights?id=23877 Computation of deduction u/s 10A - it would not be possible to say that the suo-motu disallowance of any expenditure (which has already resulted in out go of money) would give rise to receipt of any money, which can be called as income generated out of software development activity - AT Highlights Income Tax Wed, 22 Jul 2015 10:21:18 +0530 https://www.taxtmi.com/highlights?id=23877