must export articles or
things or computer software. Secondly, the said
export may be done directly by him or
through other exporter after fulfilling ... Export Turnover' in both these provisions
does not make any such distinction between the 'Direct
Export' and 'Deemed Export'.
Date
denial of deduction under section 10B in respect of following
deemed export sales:
Asstt.Year 2002-03 : Rs.1,90,77,294/-
Asstt.Year ... export oriented units. The assessee had made sales to certain
export oriented units situated in the domestic area, though these were
also hundred percent export
deduction u/s.10B of
the Act and the "Deemed Export" of such goods or
articles through a third party cannot be
considered ... Export Turnover' in both
these provisions does not make any such
distinction between the 'Direct Export' and
'Deemed Export
deduction u/s.10B of
the Act and the "Deemed Export" of such goods or
articles through a third party cannot be
considered ... Export Turnover' in both
these provisions does not make any such
distinction between the 'Direct Export' and
'Deemed Export
deemed export. On query,
the assessee has explained that during the year under consideration, it has
made export sale including deemed export made to other ... account of disallowance of deduction
u/s. 10B of deemed export sale of Rs. 21373473/- and on similar issue the
penalty initiated in assessment year
Unitedhealth Group Information ... vs Dcit, New Delhi on 9 February, 2018
IN THE INCOME TAX
must export articles or
things or computer software. Secondly, the said
export may be done directly by him or
through other exporter after fulfilling ... EHTP/STP/BTP units will be regarded as
'deemed export', besides being eligible for
relevant entitlements under paragraph 6.12 of the
Date
Dinesh Kumar Singhi, Bangalore vs Dcit, Bangalore on 10 April, 2018
IN THE INCOME TAX
that the assessee
purchased processed iron ore from various suppliers and
directly exported the same without any value addition in
the EOU. The sale bills ... assessee are against Form-H which is treated as
deemed export of goods. The issue of FORM-H by the
assessee to the suppliers
expression 'export turnover' has
been defined. The definition of 'export turnover' excludes freight and
insurance. Since export turnover has been defined ... claimed deduction in
respect of the income earned from deemed export drawback customer
claims, freight subsidy and interest on Fixed Deposit Receipts (FDRs)
made
