https://www.taxtmi.com/caselaws?id=327279 For Section 10A computation, telecommunication expenses and foreign travel expenditure excluded from export turnover must also be excluded from total turnover to maintain parity in the statutory formula. The underlying principle is that the components of export turnover and total turnover should be treated uniformly, because the same expression cannot bear different meanings within the same provision. This consistent construction avoids an anomalous result and aligns the deduction mechanism with the incentive-oriented object of Section 10A. On that basis, the excluded expenses are reduced from both the numerator and the denominator in computing the deduction. en-us Wed, 27 Apr 2016 00:00:00 +0530 Sat, 07 May 2016 11:50:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327279 For Section 10A computation, telecommunication expenses and foreign travel expenditure excluded from export turnover must also be excluded from total turnover to maintain parity in the statutory formula. The underlying principle is that the components of export turnover and total turnover should be treated uniformly, because the same expression cannot bear different meanings within the same provision. This consistent construction avoids an anomalous result and aligns the deduction mechanism with the incentive-oriented object of Section 10A. On that basis, the excluded expenses are reduced from both the numerator and the denominator in computing the deduction. Case-Laws Income Tax Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327279