https://www.taxtmi.com/caselaws?id=281085 For deduction under section 10A and section 10B of the Income-tax Act, 1961, expenses excluded from export turnover must also be excluded from total turnover when computing the deduction. The Bombay High Court applied its binding earlier decision and saw no reason to depart from that view. The question of law was therefore answered in favour of the assessee and against the Revenue. en-us Fri, 08 Feb 2013 00:00:00 +0530 Mon, 03 Jun 2019 14:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281085 For deduction under section 10A and section 10B of the Income-tax Act, 1961, expenses excluded from export turnover must also be excluded from total turnover when computing the deduction. The Bombay High Court applied its binding earlier decision and saw no reason to depart from that view. The question of law was therefore answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281085