https://www.taxtmi.com/caselaws?id=59449 The Tribunal ruled in favor of the assessee, holding that service charges received for manufacturing activities should be considered operational income linked to export business activities and included in eligible profits for exemption under section 10A of the Income Tax Act. Additionally, the Tribunal determined that service charges earned from job work contracts should be included in total turnover for exemption purposes, rejecting the contention that only export turnover in convertible foreign exchange qualifies. The assessee's appeal was allowed for statistical purposes, with a favorable outcome on all issues related to exemption and profit computation. en-us Thu, 30 Aug 2007 00:00:00 +0530 Sat, 18 Aug 2012 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59449 The Tribunal ruled in favor of the assessee, holding that service charges received for manufacturing activities should be considered operational income linked to export business activities and included in eligible profits for exemption under section 10A of the Income Tax Act. Additionally, the Tribunal determined that service charges earned from job work contracts should be included in total turnover for exemption purposes, rejecting the contention that only export turnover in convertible foreign exchange qualifies. The assessee's appeal was allowed for statistical purposes, with a favorable outcome on all issues related to exemption and profit computation. Case-Laws Income Tax Thu, 30 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59449