Expenditure on Satellite Space for Qualifying Services: No Disallowance or Notional Income Deduction Allowed.

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....Deduction - no income or receipt was shown - In case the assessee incurs expenditure to buy and utilize space segment on a satellite for providing the qualifying services, the expenditure incurred cannot be disallowed and no notional income can be computed or reduced from the income earned from the qualifying service. - HC....