Tuesday, November 3, 2020

Telecommunication, insurance charges & Forex loss to be excluded from turnover while computing sec. 10A relief

TRANSFER PRICING : Charges/expenses relating to telecommunication, insurance and foreign exchange loss should be excluded both from export turnover and total turnover while computing deduction under section 10A

from www.taxmann.com Latest Case Laws https://ift.tt/3p20aYy

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...