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2015 (5) TMI 154
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....r>Income Tax<br>N V Vasudevan, JM & Abraham P George, AM,JJ. For the Appellant : Shri P Dhivahar, Jt. CIT (DR) For the Respondent : Shri K R Girish, CA ORDER Per: N V Vasudevan: The appeal is by the revenue and the cross objection by the assessee against the order of the CIT(Appeals)-I, Bangalore relating to assessment year 2007-08. 2. The assessee is engaged in the business of m....
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....larsBreak-up Amount (Rs.) Telecommunication expenses Postage & telegram 20,518 Telephone and trunk call 891,366 Telephone data lines 3,774,738 Telephone local/cell 1,408,229 Freight outwards 16,598,961 Foreign travel 11,888,267 4. According to the AO, clause (iv) to Explanation 2 to Section 10A defines the term "expor....
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....f computing deduction u/s. 10A/10B of the Act. The plea of the assessee before the AO was that telecommunication and freight expenses incurred by the assessee did not form part of its export turnover. The entire export turnover accounted for by the assessee during FY 2006-07 represented consideration for export of services/articles to Goodrich entities outside India. These expenses incurred by Goo....
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.... v. Tata Elxsi Ltd., 349 ITR 98 (Karn). 9. Aggrieved by the order of the CIT(Appeals), the Revenue has preferred the present appeal before the Tribunal. 10. In the Cross Objection, the assessee apart from supporting the order of the CIT(Appeals), has also contended that the telecommunication expenses were not attributable to the delivery of computer software outside India and that the travel....