https://www.taxtmi.com/caselaws?id=325413 The High Court of Karnataka upheld the Tribunal's decision to exclude lease line charges and other foreign currency expenses for software delivery from total turnover and export turnover for deduction under section 10A of the Income Tax Act. The Court relied on the precedent set in a previous case and dismissed the appeal filed by the Revenue, emphasizing that any potential changes in interpretation by the Supreme Court could be addressed through appropriate legal measures in the future. en-us Tue, 01 Mar 2016 00:00:00 +0530 Fri, 18 Mar 2016 08:12:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325413 The High Court of Karnataka upheld the Tribunal's decision to exclude lease line charges and other foreign currency expenses for software delivery from total turnover and export turnover for deduction under section 10A of the Income Tax Act. The Court relied on the precedent set in a previous case and dismissed the appeal filed by the Revenue, emphasizing that any potential changes in interpretation by the Supreme Court could be addressed through appropriate legal measures in the future. Case-Laws Income Tax Tue, 01 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325413