https://www.taxtmi.com/caselaws?id=196212 While computing the section 10A deduction, expenses excluded from export turnover for telecommunication and foreign currency items must also be excluded from total turnover, so the proportionate formula remains consistent; the assessee therefore succeeded on that point. A disallowance under section 40(a)(ia) for alleged non-deduction of tax at source on reimbursements to a foreign associated enterprise was treated as only increasing the undertaking's profits, and those enhanced profits were held to remain eligible for section 10A deduction because the statute contains no contrary exclusion. The revenue's appeal failed and the relief granted to the assessee was sustained. en-us Fri, 08 Jan 2016 00:00:00 +0530 Fri, 26 Jun 2026 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196212 While computing the section 10A deduction, expenses excluded from export turnover for telecommunication and foreign currency items must also be excluded from total turnover, so the proportionate formula remains consistent; the assessee therefore succeeded on that point. A disallowance under section 40(a)(ia) for alleged non-deduction of tax at source on reimbursements to a foreign associated enterprise was treated as only increasing the undertaking's profits, and those enhanced profits were held to remain eligible for section 10A deduction because the statute contains no contrary exclusion. The revenue's appeal failed and the relief granted to the assessee was sustained. Case-Laws Income Tax Fri, 08 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196212