https://www.taxtmi.com/caselaws?id=378228 The Tribunal allowed the appeal, directing the exclusion of telecommunication charges from both export and total turnover for computing the deduction under Section 10AA. The adjustment under Section 92(3) on outstanding receivables was remitted back to the TPO for re-evaluation based on industry standards. The levy of interest under Section 234B was directed to be adjusted consequentially. The decision emphasized adherence to industry standards and previous judicial precedents in deductions and adjustments. en-us Fri, 05 Apr 2019 00:00:00 +0530 Wed, 10 Apr 2019 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378228 The Tribunal allowed the appeal, directing the exclusion of telecommunication charges from both export and total turnover for computing the deduction under Section 10AA. The adjustment under Section 92(3) on outstanding receivables was remitted back to the TPO for re-evaluation based on industry standards. The levy of interest under Section 234B was directed to be adjusted consequentially. The decision emphasized adherence to industry standards and previous judicial precedents in deductions and adjustments. Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378228