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TMI Blog2013 (8) TMI 1069X X X X Extracts X X X X X X X X Extracts X X X X ..... appeal filed by the Revenue is directed against the order passed by the CIT(A)-III, Hyderabad dated 28/12/2012, for assessment years 2006-07. 2. Briefly the facts of the case are that the assessee is engaged in the business of software development. During the course of assessment proceedings, the Assessing Officer found that various expenses had to be reduced from export turnover. Therefore, h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Ltd. Vs. ITO, 308 ITR 414. 4. After considering the submissions of the assessee, the CIT(A) following the decision of the ITAT in case of Patni Telecom (P) Ltd. (supra) held that foreign travel expenses, costs of services and professional charges related to the software export are to be reduced from export turnover as has been correctly done by the Assessing Officer, but, the same are also to b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... coordinate bench in the case of Patni Computers Ltd. (supra) and also Special Bench of the Chennai Tribunal in the case of ITO Vs Saksoft Ltd (313 ITR AT 353) wherein it was held that expenses excluded from export turnover should also be excluded from the total turnover . The Hon ble Karnataka High Court has also taken similar view in the case of CIT Vs. Tata Elxsi Ltd. Others, 247 CTR 334 (Ka ..... X X X X Extracts X X X X X X X X Extracts X X X X
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