software (including services for development of
software) outside India shall be deemed to be
the profits and gains derived from the export of
computer ... Explanation to section 80HHC;
25[(b) "computer software" means,--
(i) any computer programme recorded on any
disc, tape, perforated media
aforesaid provision it is
clear that the consideration in respect of
computer software received in or brought into
India by the assessee in convertible ... such
consideration received from export of computer
software. However the said export turnover
does not include freight, telecommunication
charges or insurance attributable
aforesaid provision it is
clear that the consideration in respect of
computer software received in or brought
into India by the assessee in convertible ... such consideration received from
export of computer software. However the
said export turnover does not include
freight, telecommunication charges or
insurance attributable
therefore, the finding recorded by
the Tribunal that the development software in the
computer system is the main activity and after the
development ... from the main activity of the
assessee that is development of software in computer
system, is quite unacceptable. From the very
description
that when computing
deduction under Section 80HHE of the
Act 90% of net interest income had to be
reduced when computing the profits ... includes
profits and gains. The charge is not on
gross receipts but on profits and gains.
Gross receipts or sale proceeds,
however, include profits
deceased was aged about 32 years,
B.E. Graduate, working as Software Engineer at Perot
System India Limited, Bangalore, earning ... month and having bright future and
also received number of appreciation Certificates
including several awards such as 'Best Worker'
'Exceptional performer
from 100% EOU from the export of articles or
things or computer software. Therefore, it
excludes profit and gains from export of articles ... says that profits derived from export of articles
or things or computer software shall be the
account which bares to the profits
The Commissioner Of Income Tax vs Sri Santosh Kumar Shetty on 15 July, 2014
Bench
service of such
communication.
(3) The intimation, orders and notices shall be
computer generated and need not carry physical
signature of the person issuing ... information submitted to the Cell, including
authentication by digital signature or electronic
signature;
i) \validation of any software used for electronic
filing of correction statement
assessee which is in the business of
development and sale of computer software
would fall within the definition of furniture
in Entry ... civilized living such as chairs,
tables, beds and cupboards. They may
9
include articles of greater refinement or
luxury, such as sofas, carpets and articles
