https://www.taxtmi.com/caselaws?id=13360 The High Court of Madras dismissed the Revenue's appeal against the Income-tax Appellate Tribunal's order regarding deduction under section 10B for an assessee involved in exporting computer software. The Court upheld the Tribunal's ruling that domestic turnover should be considered as part of export turnover for the purpose of the deduction under section 10B, as the domestic turnover did not exceed 25% of total sales, meeting the criteria specified in the second proviso to section 10B(1). The Court found no substantial question of law and affirmed the Tribunal's decision. en-us Wed, 15 Nov 2006 00:00:00 +0530 Thu, 28 May 2009 15:02:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13360 The High Court of Madras dismissed the Revenue's appeal against the Income-tax Appellate Tribunal's order regarding deduction under section 10B for an assessee involved in exporting computer software. The Court upheld the Tribunal's ruling that domestic turnover should be considered as part of export turnover for the purpose of the deduction under section 10B, as the domestic turnover did not exceed 25% of total sales, meeting the criteria specified in the second proviso to section 10B(1). The Court found no substantial question of law and affirmed the Tribunal's decision. Case-Laws Income Tax Wed, 15 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13360