{"id":15579,"date":"2021-03-11T14:52:54","date_gmt":"2021-03-11T09:22:54","guid":{"rendered":"https:\/\/itatonline.org\/digest\/cit-ltu-v-ibm-global-services-india-pvt-ltd-2020-429-itr-386-karn-hc\/"},"modified":"2021-08-28T20:06:19","modified_gmt":"2021-08-28T14:36:19","slug":"cit-ltu-v-ibm-global-services-india-pvt-ltd-2020-429-itr-386-karn-hc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cit-ltu-v-ibm-global-services-india-pvt-ltd-2020-429-itr-386-karn-hc\/","title":{"rendered":"CIT (LTU) v. IBM Global Services India Pvt. Ltd. (2020) 429 ITR 386 \/ ( 2021) 278 Taxman 72 (Karn.)(HC)"},"content":{"rendered":"<p>Dismissing the appeal of the revenue the Court held that, undertaking starting manufacture on or\u00a0 after 1-4-1995 must have 75 Per Cent. of sales attributed to export. Apportionment of expenses is held to be reasonable. Sub-contractors giving software support to assessee on basis of foreign inward remittance . Claim by\u00a0 sub-contractors would not affect assessee\u2019s claim. (AY.2000-01)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10A : Free trade zone-Separate accounts need not be maintained- Undertaking starting manufacture on or  after 1-4-1995 must have 75 Per Cent. of sales attributed to export-Apportionment of expenses is held to be reasonable-Sub-contractors giving software support to assessee on basis of  foreign inward remittance-Claim by  sub-contractors would not affect assessee\u2019s claim. [S. 80HHE]<\/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-15579","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-43h","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15579","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=15579"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15579\/revisions"}],"predecessor-version":[{"id":21198,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15579\/revisions\/21198"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}