ACUSIS SOFTWARE INDIA PRIVATE LIMITED,BANGALORE vs. ITO, BANGALORE
In the result, the appeal of the assessee stands partly allowed in
ITA 1232/BANG/2011[2007-08]Status: DisposedITAT Bangalore18 Oct 2016AY 2007-08
Bench: Shri S.K.Yadav & Shri A. K. Garodia
For Appellant: Shri Chavali Narayan, CAFor Respondent: Ms. Neera Malhotra, CIT
Section 10Section 10ASection 143(3)Section 1OSection 253
Section 1O A of the Act.
3.On the facts and I the circumstances of the case and in law, based on the directions of the DRP, the ld. AO has erred in law by no considering that, if the telecommunication expenses (i.e. internet and ISDN service charge) and foreign currency expenses are reduced from export turnover, an equal amount should
