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TMI Blog2011 (3) TMI 1766X X X X Extracts X X X X X X X X Extracts X X X X ..... Per Akber Basha, Accountant Member: This appeal by the Revenue is directed against the order of the CIT (A)-IV, Hyderabad dated 30-11-2009 and it pertains to the assessment year 2006-07. 2. The revenue raised the following grounds before us:- "1. The order of the CIT (A) is erroneous both on facts and law. 2. Whether the communication charges reduced from the Export Turnover should also be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ve ground of appeal relates to communication charges reduced from the export turnover and the same is also to be reduced from the total turnover, this issue is covered by the decision of the Tribunal in the case of ITO vs. DE Block India Software (P) Ltd., Hyderabad (ITA Nos. 983 and 984/Hyd/2006) dated 31st January, 2007 wherein it was held that the telecommunication expenditure does not have any ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Private Limited in their order dated 29-8-2008 passed in ITA No.1016/Hyd/2007 for the assessment year 2004-05. We find that as per section 10A of the Act, a deduction shall be allowed of such profits and gains as are derived by an undertaking from the export of such articles or things or computer software. By reading the section 29 of the Act read with section 28 of the Act, it is clear that inc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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