Section 10A Income Tax Exemption: Exclude Telecommunication Charges from Profit & Loss, Reducing Export & Total Turnover Equally.

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....Eligibility for exemption U/s.10A - the “profit” will remain the same, since “telecommunication charge” is excluded from both “debit” side and “credit” side of the “profit and loss account”, however the “export turnover” and the “total turnover” will stand reduced to the extent of “telecommunication charges” so excluded - AT....