https://www.taxtmi.com/caselaws?id=342271 The appeal of the assessee is partly allowed, affirming the CIT(A)'s decision on the non-applicability of Section 40(a)(ia) for software purchases and modifying the estimation of income to apply only to the Indian export turnover. The appeal of the Revenue is partly allowed for statistical purposes, remanding the issue of unexplained cash credits to the AO for verification. en-us Wed, 26 Apr 2017 00:00:00 +0530 Mon, 01 May 2017 08:53:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342271 The appeal of the assessee is partly allowed, affirming the CIT(A)'s decision on the non-applicability of Section 40(a)(ia) for software purchases and modifying the estimation of income to apply only to the Indian export turnover. The appeal of the Revenue is partly allowed for statistical purposes, remanding the issue of unexplained cash credits to the AO for verification. Case-Laws Income Tax Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342271