https://www.taxtmi.com/caselaws?id=311574 The Karnataka HC determined that telecommunication charges, traveling expenses, freight, and insurance expenses must be excluded from the total turnover when calculating deductions under Sections 10A and 10B of the Income Tax Act, 1961. The revenue's appeals were dismissed, as no substantial question of law was presented, referencing the precedent set in Commissioner of Income Tax Vs. M/s. Tata ELSXI Ltd. en-us Tue, 18 Oct 2011 00:00:00 +0530 Wed, 03 Jan 2024 15:56:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311574 The Karnataka HC determined that telecommunication charges, traveling expenses, freight, and insurance expenses must be excluded from the total turnover when calculating deductions under Sections 10A and 10B of the Income Tax Act, 1961. The revenue's appeals were dismissed, as no substantial question of law was presented, referencing the precedent set in Commissioner of Income Tax Vs. M/s. Tata ELSXI Ltd. Case-Laws Income Tax Tue, 18 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311574