https://www.taxtmi.com/caselaws?id=270427 The Tribunal upheld the exclusion of overseas travel and communication expenditure from total turnover for deduction u/s 10B of the Act, dismissing the Revenue's appeal. It also ruled against adding disallowance under section 14A while computing book profit u/s 115JB, aligning with previous decisions and partially allowing the assessee's cross objection. en-us Fri, 16 Oct 2015 00:00:00 +0530 Mon, 04 Jan 2016 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270427 The Tribunal upheld the exclusion of overseas travel and communication expenditure from total turnover for deduction u/s 10B of the Act, dismissing the Revenue's appeal. It also ruled against adding disallowance under section 14A while computing book profit u/s 115JB, aligning with previous decisions and partially allowing the assessee's cross objection. Case-Laws Income Tax Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270427