respect of the
assessees' income derived from export of computer software was
permissible."
2. The facts pertaining to the cases ... Memorandum of
Association that it could carry-out business in computer software and
that M/s. Maxtech iSolution was not shown to be an undertaking
software development services and IT services; manufacture of
Vanaspati/Hydro generated oils; toilet soaps; lighting products;
pharmaceuticals & Neutraceutical products; leather products;
computers, hydraulic ... unit by treating the
cost of development of shrink wrap computer
software as work in progress and therefore cannot
set off the loss
development of computer software,
services for development of software outside India shall be deemed to
be profits and gains derived from computer software exported outside ... computer software including
services for development of software outside India would be treated
as profits and gains derived from export of computer software. The
aforesaid
things or computer software outside India or expense, if any, incurred in
foreign exchange in providing the technical services outside India amounting ... delivery of the computer
software outside India or expenses, if any, incurred in foreign exchange in
providing technical services outside India. Thus statutory parity
available to software exporting units for providing consultancy services for development of software on-site abroad and that consultancy fees received by software units ... context, computer software (used in contrast with computer hardware) will include all services where computer hardware viz., computers are used as professional tools for processing
information and
communication technology services' and services related
thereto which consist of inter alia, application development
and support services, technical help desk support services ... human
resource services' is one of the categories of services which
have been expressly included within the definition of
'computer software' given
delivery of the computer software outside India
or expenses, if any, incurred in foreign exchange in providing
technical services outside India. Thus statutorily parity ... article or things or
computer software outside India or expenses incurred in foreign
exchange in providing technical services outside India are
required to be excluded
derived income from sale of software
services and products. There is no segmental information in respect of
software services and products therefore this company cannot ... earned revenue from three segments
i.e. software services and software products and other services. He has
contended that there is no segmental information available
computers and IT enabled devices. The Appellant receives input in an electronic form
from its clients, which is processed using computers/computer software. The final ... computers and IT enabled devices. The Appellant receives input in an
electronic form from its clients, which is processed using computers/
computer software. The final
things or computer
software outside India or the expenses, if any, incurred in foreign
exchange in providing the technical services outside India ... things or computer software outside India, or expenses if
any incurred in foreign exchange, in providing the technical services
outside India should not be included
