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5.2 The appellant also pointed the mode of deduction to be computed u/s. 10AA which is provided in the I.T. Act in section 10AA(7). This formula which reads as under :-
(7) For the purposes of sub-section (1), the profits derived from the export of articles or things or services (including computer software) shall be the amount which bears to the profits of the business of the undertaking, being the Unit, the same proportion as the export turnover in respect of such articles or things or services bears to the total turnover of the business carried on 16[by the undertaking] :