https://www.taxtmi.com/caselaws?id=309777 The court ruled that telecommunication charges abroad should be reduced from export and total turnover when calculating deductions under section 10A of the Income Tax Act. The Dispute Resolution Panel was directed to consider objections raised by the assessee regarding the Transfer Pricing Officer's computation. Additionally, the court dismissed the appeal by the Revenue, stating no substantial question of law arose, emphasizing the need for substantial questions for appeals under section 260-A of the Act. The judgment provided a detailed analysis, referencing past decisions and legal principles to reach a reasoned conclusion. en-us Mon, 09 Jul 2018 00:00:00 +0530 Thu, 21 Sep 2023 07:30:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309777 The court ruled that telecommunication charges abroad should be reduced from export and total turnover when calculating deductions under section 10A of the Income Tax Act. The Dispute Resolution Panel was directed to consider objections raised by the assessee regarding the Transfer Pricing Officer's computation. Additionally, the court dismissed the appeal by the Revenue, stating no substantial question of law arose, emphasizing the need for substantial questions for appeals under section 260-A of the Act. The judgment provided a detailed analysis, referencing past decisions and legal principles to reach a reasoned conclusion. Case-Laws Income Tax Mon, 09 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309777