TaxTMI 
TaxTMI 
Amendment of section 80-HHE
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....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 derived by the assessee from th....
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....all 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 exports, the profits, of such business. (ii) in a case where....
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.... 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 export turnover mentioned in the certificate, the exporting company has not claimed deduction unde....