2015 (12) TMI 1849

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..... lowing the decision of ITO vs Sak Soft Ltd [ 2009 (3) TMI 243 - ITAT MADRAS-D] observed that for the purpose of applying the formula u/s 10A, the sales commission expenses which was incurred in foreign currency for providing technical services outside India are to be excluded both from export turnover as well as total turnover - HELD THAT:- Since the issue is covered in favour of the assessee by .....

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..... s commission in foreign currency during the previous year relevant to the assessment year 2006-07. The Assessing Officer excluded it from the export turnover, however, not reduced from the total turnover. On appeal, the CIT(A) by following the decision of the Special Bench in the case of ITO vs Sak Soft Ltd, 121 TTJ 865, observed that for the purpose of applying the formula u/s 10A, the sales comm .....

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