S. 10A Expenses Reduced from Export Turnover Needs to be reduced from Total Turnover too

ITAT DELHI BENCH ‘I’ Global Logic India (P.) Ltd. versus Deputy Commissioner of Income-tax, Circle 12(1), New Delhi IT Appeal No. 5110 ( Delhi) of 2010 [ASSESSMENT YEAR 2006-07] DECEMBER 21, 2012 ORDER Shamim Yahya, Accountant Member This appeal by the assessee is directed against the order of the Assessing Officer u/s. 143(3) read with section 144C of the I.T. Act for the assessment year 2006-07. 2. The grounds raised read as under:- 1. That the assessing officer erred on facts and in law in completing assessment under Section 143(3) read with Section 144C of the...