https://www.taxtmi.com/caselaws?id=366881 Expenditure in foreign currency, insurance charges, and telecommunication and satellite link charges were not treated as amounts excludible from export turnover for section 10A computation where, on the facts adopted from earlier decisions in the assessee's own case, those costs were not attributable to delivery of software outside India; the deduction was therefore to be recomputed without those exclusions. Advances given to employees who had left the organisation and from whom recovery was not possible were treated as irrecoverable business advances arising in the course of business, so the write-off was allowed as a revenue deduction. The appeal was accordingly allowed in favour of the assessee. en-us Fri, 07 Sep 2018 00:00:00 +0530 Wed, 12 Sep 2018 08:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366881 Expenditure in foreign currency, insurance charges, and telecommunication and satellite link charges were not treated as amounts excludible from export turnover for section 10A computation where, on the facts adopted from earlier decisions in the assessee's own case, those costs were not attributable to delivery of software outside India; the deduction was therefore to be recomputed without those exclusions. Advances given to employees who had left the organisation and from whom recovery was not possible were treated as irrecoverable business advances arising in the course of business, so the write-off was allowed as a revenue deduction. The appeal was accordingly allowed in favour of the assessee. Case-Laws Income Tax Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366881