https://www.taxtmi.com/caselaws?id=274956 The High Court upheld the Tribunal's decision that excluded expenses from export turnover should also be excluded from total turnover for computing the exemption under Section 10-A of the Income Tax Act, 1961. The Court emphasized aligning the components of export turnover and total turnover in accordance with legislative intent and established legal precedents, ultimately dismissing the Revenue's appeal. en-us Wed, 07 Mar 2018 00:00:00 +0530 Tue, 11 Sep 2018 22:15:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274956 The High Court upheld the Tribunal's decision that excluded expenses from export turnover should also be excluded from total turnover for computing the exemption under Section 10-A of the Income Tax Act, 1961. The Court emphasized aligning the components of export turnover and total turnover in accordance with legislative intent and established legal precedents, ultimately dismissing the Revenue's appeal. Case-Laws Income Tax Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274956