https://www.taxtmi.com/caselaws?id=393037 The High Court of Madras upheld the decision in favor of the Assessee, ruling that expenses incurred in foreign exchange for providing technical services outside India should be included in the export turnover for claiming deduction under Section 10B of the Income Tax Act. The Court dismissed the appeals filed by the Revenue Department, aligning with legal precedents and principles established in previous judgments, emphasizing the settled legal position in interpreting the Income Tax Act provisions. en-us Thu, 20 Feb 2020 00:00:00 +0530 Fri, 13 Aug 2021 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393037 The High Court of Madras upheld the decision in favor of the Assessee, ruling that expenses incurred in foreign exchange for providing technical services outside India should be included in the export turnover for claiming deduction under Section 10B of the Income Tax Act. The Court dismissed the appeals filed by the Revenue Department, aligning with legal precedents and principles established in previous judgments, emphasizing the settled legal position in interpreting the Income Tax Act provisions. Case-Laws Income Tax Thu, 20 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393037