Benefit of deduction u/s. 80IC - the agreement with ZTE is very ...
February 29, 2020
Case Laws Income Tax AT
Benefit of deduction u/s. 80IC - the agreement with ZTE is very clear that the supply of software and hardware necessary to support the software supply, installation & commissioning as well as rendering support services were to be done on a turnkey basis. Though the services agreement is separately entered into by the assessee, it has a direct nexus and connection with the agreement for supply of software. - deduction allowed - AT
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