Invoice Approved by STPI in FY 2010-11 Cannot Limit Section 10A Deduction for FY 2009-10.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Exemption U/s. 10A - AO noticed that that invoice issued on 31st March 2010 was cleared by STPI authority on 6 May 2010, i.e. in FY 2010-11, hence, the same cannot be considered as an export turnover for the FY. 2009-10. - AO’s intention seems to be to restrict deduction U/s. 10A, which is not permissible - AT....