https://www.taxtmi.com/caselaws?id=398855 The court ruled in favor of the Assessee regarding the exclusion of expenditure incurred in foreign exchange for providing technical services outside India from export turnover for deduction under Section 10B. The court affirmed that such expenditure should be included in the 'export turnover.' However, the court found an error in the Tribunal's decision to remit the issue of amortization of capital expenditure back to the Assessing Officer based on a Special Bench decision. The court remitted the issue back to the Tribunal for fresh adjudication. en-us Wed, 16 Sep 2020 00:00:00 +0530 Fri, 13 Aug 2021 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398855 The court ruled in favor of the Assessee regarding the exclusion of expenditure incurred in foreign exchange for providing technical services outside India from export turnover for deduction under Section 10B. The court affirmed that such expenditure should be included in the 'export turnover.' However, the court found an error in the Tribunal's decision to remit the issue of amortization of capital expenditure back to the Assessing Officer based on a Special Bench decision. The court remitted the issue back to the Tribunal for fresh adjudication. Case-Laws Income Tax Wed, 16 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398855