Amendment of section 80-HHE

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...., engaged in the export out of India of computer software, issue a certificate referred to in clause (b) of sub-section (4A) that in respect of the amount of the export specified therein, the deduction under this sub-section is to be allowed to a supporting software developer, then, the amount of deduction in the case of an assessee shall be reduced by such amount which bears to the total profits ....

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.... sub-section (3) the following sub-section shall be inserted, namely:- "(3A) For the purposes of sub-section (1A), profits derived by a supporting software developer shall be,- (i) in a case where the business carried on by the supporting software developer consists exclusively of developing and selling of computer software to one or more exporting companies solely engaged in exp....

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....n below sub-section (2) of section 288 certifying that the deduction has been correctly claimed on the basis of the profits of the supporting software developer in respect of sale of computer software to the exporting company; and (ii) a certificate from the exporting company containing such particulars as may be prescribed and verified in the manner prescribed that in respect of the expo....