https://www.taxtmi.com/caselaws?id=359793 The SC ruled on computation of deduction under Section 10A, addressing whether software development charges should be excluded from total turnover when calculating admissible deductions. The court held that expenses attributable to software delivery outside India or technical services must be excluded from both export turnover and total turnover. Relying on precedent, the court emphasized that when legislature doesn't define a term, ordinary meaning should align with context. The court found that excluding deductions for freight, telecommunication, and insurance from export turnover but not total turnover would create illogical results causing grave injustice to the respondent, contrary to legislative intent. The decision ensures consistent treatment of attributable expenses across both turnover components for Section 10A deduction calculations. en-us Tue, 24 Apr 2018 00:00:00 +0530 Wed, 16 Jul 2025 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359793 The SC ruled on computation of deduction under Section 10A, addressing whether software development charges should be excluded from total turnover when calculating admissible deductions. The court held that expenses attributable to software delivery outside India or technical services must be excluded from both export turnover and total turnover. Relying on precedent, the court emphasized that when legislature doesn't define a term, ordinary meaning should align with context. The court found that excluding deductions for freight, telecommunication, and insurance from export turnover but not total turnover would create illogical results causing grave injustice to the respondent, contrary to legislative intent. The decision ensures consistent treatment of attributable expenses across both turnover components for Section 10A deduction calculations. Case-Laws Income Tax Tue, 24 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359793