IBM GLOBAL SERVICES INDIA PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-11(1), BANGALORE
In the result, the appeal filed by the assessee stands allowed
ITA 3464/BANG/2004[2000-2001]Status: DisposedITAT Bangalore31 Jul 2024AY 2000-2001
Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahuassessment Year : 2000-2001
For Appellant: Shri Sharath Rao, CAFor Respondent: Shri D.K. Mishra, CIT-DR
Section 10ASection 10A(2)Section 10A(2)(ia)Section 142(1)Section 143(2)Section 143(3)
order dated
31.10.2007. The Ld.AR submitted that profits from STP units have been tabulated and that assessee satisfies the requirement of section 10(2)(ia) of the act for the following reasons:
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a) ‘income from exports’ should be more than 75% of the total turnover under
