Court Rules on Section 10A: Exclusions from "Export Turnover" Must Match "Total Turnover" for Fair Tax Deductions.

Deduction u/s 10A - what is excluded from ‘export turnover’ must also be excluded from ‘total turnover’, since one of the components of ‘total turnover’ is export turnover. Any other interpretation would run counter to the legislative intent and would be impermissible. - SC .....

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