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Showing contexts for: softex in Qvantel Software Solutions Ltd., Hyd, ... vs Ito, Ward-16(1), Hyd, Hyderabad on 10 February, 2017Matching Fragments
2. The Ld. Commissioner of Income Tax (Appeals) was erred in confirming the exclusion of intemet and communication charges ofRs.5,66,628/- which were not incurred in convertible foreign exchange from the Export Turnover while computing the deduction under section 10A."
5. As regards ground No. 1, the ld. AR submitted that the AO has excluded the amount of Rs. 1,07,63,562/- from the export turnover treating the same as consultancy fee from client/software consultancy fee from client, as mentioned in the FIRCs, without considering the agreements with customers, purchase orders from customers, export invoices raised and collection of sale proceeds, softex forms submitted to Software Technology Parks of India (STPI) and did not consider as export turnover.