M/S. DEVICE DRIVEN (INDIA) PVT. LTD. vs. THE COMMISSIONER OF INCOME TAX
ITA/257/2014HC Kerala13 Oct 2020
Bench: HONOURABLE MR.JUSTICE K.VINOD CHANDRAN,HONOURABLE MR. JUSTICE T.R.RAVI
Section 10ASection 10BSection 143(1)Section 195Section 40Section 9(1)(vii)
10B in respect of profit from export of software.
Under Section 143(1) the return was processed and the
payments made to Mr.Balaji Bal, a resident of Switzerland,
who also was a Director of the Company, was disallowed
under Section 40(a)(i) of the Act. The dis-allowance under
Section 40(a)(i) was on the ground that
