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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Entitlement to the benefit of Section 10A - sales effected to ...


Section 10A Deduction: Claim Profits from Exported Goods Manufactured in India, Even via Another STP Unit.

October 10, 2015

Case Laws     Income Tax     HC

Entitlement to the benefit of Section 10A - sales effected to other STP - Once the goods manufactured by the assessee is shown to have been exported out of India either by the assessee or by another STP Unit and foreign exchange is directly attributable to such export, then Section 10A of the Act is attracted and such exporter is entitled to benefit of deduction of such profits - HC

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