{"id":14782,"date":"2021-01-03T14:22:55","date_gmt":"2021-01-03T14:22:55","guid":{"rendered":"https:\/\/itatonline.org\/digest\/ttec-india-customer-solutions-p-ltd-v-ito-202082-itr-26-snahd-trib\/"},"modified":"2021-01-03T14:22:55","modified_gmt":"2021-01-03T14:22:55","slug":"ttec-india-customer-solutions-p-ltd-v-ito-202082-itr-26-snahd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/ttec-india-customer-solutions-p-ltd-v-ito-202082-itr-26-snahd-trib\/","title":{"rendered":"TTEC India Customer Solutions P. Ltd. v ITO (2020)82 ITR 26 (SN)(Ahd) (Trib)"},"content":{"rendered":"<p>Tribunal held that in view of the\u00a0 statutory formula available for determination of\u00a0 quantum of\u00a0 deduction, the expression \u201cDerived From\u201d used In Section\u00a010A(1)\u00a0fades into insignificance and the quantum of \u00a0deduction is \u00a0required to be \u00a0determined as per the formula provided in section\u00a010A(4) of the Act. \u00a0. The assessee was entitled to exemption in \u00a0respect of \u00a0the incidental profits along with the export Profits for the purposes of \u00a0section\u00a010A\u00a0. The Assessing Officer was directed to \u00a0compute the quantum of deduction,\u00a0 as per the formula provided in \u00a0S. 10A(4)\u00a0 of the Act . ( AY.2005-06)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10A : Free trade zone &#8211; Profits of  the business-  Export revenue subsidy \u2014 Miscellaneous income \u2014Entitled for exemption  [ S.10A(4) , 10B ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-14782","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3Qq","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=14782"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14782\/revisions"}],"predecessor-version":[{"id":14783,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/14782\/revisions\/14783"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=14782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=14782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=14782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}