Dismissing the appeal of the Revenue the Court held that telecommunication expenses were to be excluded from export turnover in computing deduction. (AY. 2009-10)
Subex Ltd v. Addl.CIT (2022) 145 taxmann.com 176 (Karn.)(HC) Editorial: SLP of Revenue dismissed, Addl. CIT v. Subex Ltd. (2023) 290 Taxman 102 (SC)
S. 10AA : Special economic zones-Export turnover-Telecommunication expenses were to be excluded from export turnover.