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Section 10A

Latest Articles


Period of limitation prescribed under Income-tax Act, 1961

Income Tax : The Income-tax Act has prescribed time limit in respect of various procedures, applications, etc. (like time limit for filing an a...

November 3, 2023 2175 Views 1 comment Print

Sunset date for claiming Income Tax exemption for SEZs – Extension Needed

Income Tax : Sunset date for claiming Income Tax exemption for SEZs – Time to further extend the sunset date mentioned under Section 10AA...

June 5, 2020 23433 Views 3 comments Print

For section 10A, total turnover is sum of export & domestic turnover

Income Tax : Section 10A of the Income Tax Act, 1961 (the Act for short) deals with special provision in respect of newly established undertaki...

January 5, 2020 10902 Views 1 comment Print

Exemption Under Special Provisions – Sections 10A/10AA/10B

Income Tax : Article discusses Exemption Under Special Provisions of Sections 10A, Section 10AA and Section 10B of Income Tax Act, 1961. A. Sec...

August 25, 2018 431322 Views 3 comments Print

Benefits To SEZ Entities Under The Income Tax Law

Income Tax : An entrepreneur, who begins to manufacture or produce articles or things or provide any services during the period beginning from ...

January 24, 2018 57537 Views 2 comments Print


Latest News


Role of IT Sector is Crucial to Promote E-Governance – FM

Income Tax : FM: Role of IT Sector is Crucial in Order to Promote E-Governance for Empowering Citizens; to Promote the Inclusive and Sustainabl...

January 14, 2015 4782 Views 0 comment Print

Infosys plans to appeal against arbitrary order, Industry Surprised by order

Income Tax : Infosys Technologies Ltd. Tuesday said it will appeal against an order from the income tax department seeking more than 4 billion ...

January 19, 2011 420 Views 0 comment Print


Latest Judiciary


UPVAT: Section 54(1)(2) Penalty Not Imposable for Best Judgement Assessment: Allahabad HC

Goods and Services Tax : Allahabad High Court held that penalty under Section 54(1)(2) of the U.P. VAT Act, 2008 cannot be imposed in cases, wherein, the a...

April 12, 2024 858 Views 0 comment Print

Expense excluded from export turnover to be excluded from total turnover for deduction u/s 10A: ITAT Mumbai

Income Tax : ITAT Mumbai held that the expenses excluded from the export turnover have to be excluded from the total turnover as well while com...

March 26, 2024 171 Views 0 comment Print

Return Filing Mandatory for claiming Section 80P Deduction: ITAT Bangalore

Income Tax : ITAT Bangalore rules deduction under Section 80P of Income Tax Act requires filing of return of income, dismissing Madhu Souharda ...

March 3, 2024 1080 Views 0 comment Print

MVAT: Manpower Agreement for Maintenance Services is not Sale Contract

Goods and Services Tax : Bombay High Court held that an agreement for providing manpower to perform maintenance services is not a contract of sale but is a...

December 25, 2023 1503 Views 0 comment Print

Discovery in Later Assessments Not Grounds for Reassessment in Prior Years

Income Tax : Karnataka High Court held that reassessment proceedings cannot be in the nature of review and accordingly, the material as has com...

December 25, 2023 1764 Views 0 comment Print


Latest Notifications


Computation of deduction u/s 10A of Income Tax Act, 1961

Income Tax : As per section 10A(4) of Income Tax Act, 1961, profits derived from export of articles or things or computer software shall be amo...

August 14, 2018 19404 Views 0 comment Print

Sec 10AA – Employee Transfer limit (From STPI/Other Units to SEZ) increased to 50%

Income Tax : Circular No. 14/2014-Income Tax CBDT had issued Circular No.12/2014 dated 18th July, 2014 to clarify that mere transfer or re-dep...

October 8, 2014 12303 Views 1 comment Print

Deduction U/s. 10A/10AA on transfer of Technical Man-power in case of software industry -Reg.

Income Tax : Circular No. 12/2014-Income Tax Section 10AA of the Income-tax Act, 1961, inter-alia, provides for deduction in respect of the pr...

July 18, 2014 22691 Views 0 comment Print

CBDT clarification on export of computer software in relation to Sec 10A, 10AA, 10B

Income Tax : A clarificatory Circular No. 01/2013 dated 17.01.2013 was issued by CBDT to address various contentious issues leading to tax disp...

March 16, 2014 2181 Views 0 comment Print

AO to follow clarification on export of computer software Direct tax benefits -CBDT

Income Tax : A clarificatory Circular No. 01/2013, dated 17-1-2013 (hereinafter referred to as 'Circular') was issued by CBDT to address variou...

November 21, 2013 1655 Views 0 comment Print


Latest Posts in Section 10A

UPVAT: Section 54(1)(2) Penalty Not Imposable for Best Judgement Assessment: Allahabad HC

April 12, 2024 858 Views 0 comment Print

Allahabad High Court held that penalty under Section 54(1)(2) of the U.P. VAT Act, 2008 cannot be imposed in cases, wherein, the assessment is made on the basis of Best Judgement Assessment.

Expense excluded from export turnover to be excluded from total turnover for deduction u/s 10A: ITAT Mumbai

March 26, 2024 171 Views 0 comment Print

ITAT Mumbai held that the expenses excluded from the export turnover have to be excluded from the total turnover as well while computing deduction u/s 10A of the Income Tax Act.

Return Filing Mandatory for claiming Section 80P Deduction: ITAT Bangalore

March 3, 2024 1080 Views 0 comment Print

ITAT Bangalore rules deduction under Section 80P of Income Tax Act requires filing of return of income, dismissing Madhu Souharda Pathina’s appeal.

MVAT: Manpower Agreement for Maintenance Services is not Sale Contract

December 25, 2023 1503 Views 0 comment Print

Bombay High Court held that an agreement for providing manpower to perform maintenance services is not a contract of sale but is a contract for service under the provisions of the Maharashtra Value Added Tax Act, 2002.

Discovery in Later Assessments Not Grounds for Reassessment in Prior Years

December 25, 2023 1764 Views 0 comment Print

Karnataka High Court held that reassessment proceedings cannot be in the nature of review and accordingly, the material as has come to light in the assessment proceedings for the Assessment Year 2008- 2009 cannot be a sufficient ground to resort to reassessment proceedings.

Provision of technical service outside India and foreign expense on telecommunication not excludible from export turnover for section 10A

November 24, 2023 261 Views 0 comment Print

ITAT Mumbai held that expenditure incurred on foreign currency on telecommunication charges and provision of technical services outside of India should not be excluded from export turnover for the purpose of computing u/s 10A of the Income Tax Act.

Orders passed beyond period of limitation prescribed u/s 153 (2A) was quashed

November 17, 2023 17109 Views 0 comment Print

The proceedings drawn, admittedly being beyond a period that was prescribed under sub-section (2A) of Section 153 and the consequential orders passed were all beyond the period of limitation prescribed under sub-section (2A) of Section 153 hence, the same being not sustainable, deserved to be and was accordingly set aside/quashed.

Period of limitation prescribed under Income-tax Act, 1961

November 3, 2023 2175 Views 1 comment Print

The Income-tax Act has prescribed time limit in respect of various procedures, applications, etc. (like time limit for filing an appeal to the Commissioner of Income-tax (Appeals), deposit of tax on distributed profits of domestic companies, filing return of income, filing belated return of income, etc.).

Section 154 Notice can be challenged under Article 226 of Constitution of India

November 2, 2023 1296 Views 0 comment Print

Gujarat High Court held that Challenge to notice issued under section 154 of the Income Tax Act is maintainable under Article 226 of the Constitution of India.

Rule 10A of valuation rules doesn’t come into play for all manner of ‘job-work’

October 23, 2023 357 Views 0 comment Print

CESTAT Mumbai held that rule 10A of Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000 [valuation rules] is effected only when inputs are supplied and sale is effected to the buyer by the Principal Manufacturer. Thus, Rule 10A of valuation rules doesn’t come into play for all manner of ‘job-work’.

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