https://www.taxtmi.com/caselaws?id=192169 Communication charges and foreign currency travel expenses must be excluded from total turnover when computing deduction under section 10A, because the same exclusions apply to both export turnover and total turnover where settled by the jurisdictional High Court. The assessee's grievance on TDS credit and interest under sections 234B and 234C was addressed by directing disposal of the pending rectification application under section 154 within the stipulated time. The challenge to initiation of penalty proceedings under section 271(1)(c) was treated as premature and not fit for adjudication at that stage. en-us Fri, 01 Jan 2016 00:00:00 +0530 Thu, 18 May 2017 07:26:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192169 Communication charges and foreign currency travel expenses must be excluded from total turnover when computing deduction under section 10A, because the same exclusions apply to both export turnover and total turnover where settled by the jurisdictional High Court. The assessee's grievance on TDS credit and interest under sections 234B and 234C was addressed by directing disposal of the pending rectification application under section 154 within the stipulated time. The challenge to initiation of penalty proceedings under section 271(1)(c) was treated as premature and not fit for adjudication at that stage. Case-Laws Income Tax Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192169