Revised computation sufficient for mistake in currency conversion for computation of exemption U/s. 10A: HC

Brief of the Case The Delhi High Court held  in the case of E-Funds International India Private Limited v. PR. CIT, while dismissing the appeals of the Revenue that revised computation was sufficient in the place of furnishing revised returns as there was only a minor technical fault as the figure of USDs was not changed into Rupees while computing the deduction under section 10A. Facts of the Case The Assessee is engaged in the business of software related services such as software design and development. Assessee is claiming exemption under Section 10A of the Act. Apart from this, the Asse...