https://www.taxtmi.com/caselaws?id=186731 The appeal was partly allowed, with the Tribunal upholding the deduction of foreign exchange expenditure from both export turnover and total turnover under section 10A. It was held that income not exempt under section 10A cannot be claimed as a deduction under section 80HHE, as the computations are independent and once the section 10A deduction is computed, it precludes other deductions like section 80HHE. The decision of the Commissioner of Income-tax (Appeals) was upheld in relation to section 10A deduction but reversed concerning section 80HHE deduction. en-us Fri, 01 May 2009 00:00:00 +0530 Wed, 28 Sep 2016 17:17:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186731 The appeal was partly allowed, with the Tribunal upholding the deduction of foreign exchange expenditure from both export turnover and total turnover under section 10A. It was held that income not exempt under section 10A cannot be claimed as a deduction under section 80HHE, as the computations are independent and once the section 10A deduction is computed, it precludes other deductions like section 80HHE. The decision of the Commissioner of Income-tax (Appeals) was upheld in relation to section 10A deduction but reversed concerning section 80HHE deduction. Case-Laws Income Tax Fri, 01 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186731