https://www.taxtmi.com/highlights?id=53626 Deduction u/s 80-O - royalties, etc. - Merely for having a contract with a foreign enterprise and mere earning foreign exchange does not ipso facto lead to the application of Section 80-O of the Act. - Circular No.700 is neither of any application to this case nor of any assistance to the appellant en-us Sat, 06 Jun 2020 23:05:22 +0530 Sat, 06 Jun 2020 23:05:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53626 Deduction u/s 80-O - royalties, etc. - Merely for having a contract with a foreign enterprise and mere earning foreign exchange does not ipso facto lead to the application of Section 80-O of the Act. - Circular No.700 is neither of any application to this case nor of any assistance to the appellant Highlights Income Tax Sat, 06 Jun 2020 23:05:22 +0530 https://www.taxtmi.com/highlights?id=53626