Dismissing the appeal of the revenue the Court held that, Expenditure incurred in foreign exchange on communication/internet charges are to be excluded from total turnover. CIT v HCL Technologies Ltd (2018) 302 CTR 191 (SC) followed. (ITA No. 268 & 273 of 2016 dt. 12-10-2018) (AY. 2005-06, 2007-08)
CIT .v. Ness Technologies (India) (P) Ltd (2019) 307 CTR 588 / 174 DTR 260 (Bom.)(HC)
S. 10A : Free trade zone-Expenditure incurred in foreign exchange on communication/internet charges are to be excluded from total turnover.