Taxpayer Denied Deduction u/s 10A for Unbilled Revenue Due to Lack of RBI Extension Approval.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deduction u/s 10A - export turnover being unbilled revenue, which was yet to be billed - assessee raised invoice in March 2008 that is end of subsequent financial year, for which assessee do not have any permission from RBI regarding extension of time. - No relief granted to assessee.....