Understanding turnover exemption u/s 10A of the IT act, 1961

In respect of claim of exemption u/s 10A, 10AA & 10B, still there is lot of confusion is there between taxpayer and the tax officer. Given below chart based on the latest judicial pronouncement will help to reduce such confusion.

SN	Items	Included in Turnover	Excluded in Turnover
1	Foreign currency transactions	CIT v. Tata Elxsi Ltd. 382 ITR 654
2	Income from sale of scrap, export incentives, interest income and gains on exchange rate fluctuation	Wipro Ltd. v. Deputy CIT 382 ITR 179 Watson Pharma P. Ltd. v. Deputy CIT VOL 37 PG 97 GE BE P. Ltd. v. Asst. CIT 371 ITR 32
3	Only freight, telecommunication charges or insurance attributable to delivery of computer software outside India or expenses incurred in foreign exchange in providing technical services outside India to be excluded from total turnover. Also Travelling expenses.		CIT v. Hewlett Packard Global Soft Ltd 381 ITR 99 Aptean Software India P. Ltd. v . ITO VOL 41 PG 246 Cypress Semiconductor Technology India P. Ltd. v. Deputy CIT VOL 39 PG 468 Tektronix Engineering Devt. India P. Ltd. v. Deputy CIT VOL 39 PG 212 ACIT v.Think Soft Global Services (P.) Ltd 34 ITR 633
4	Lease line charges excluded from export turnover--To be excluded from total turnover		Sun Life India Service Centre P. Ltd. v. Deputy CIT-VOL 43 PG 511
5	Travelling expenses incurred in foreign currency to be reduced both from export turnover and total turnover		iNautix Technologies India P. Ltd. v. Asst. CIT VOL 42 PG 324 McAfee Software (India) P. Ltd. v. Dy. CIT VOL 40 PG 574
6	Expenses excluded from export turnover to be excluded from total turnover		Deputy CIT v . WS Atkins India P. Ltd. VOL 41 PG 397 Dy. CIT v . Timken India Manufacturing P. Ltd. VOL 41 PG 208 e4e Business Solutions India P. Ltd. v . Dy. CIT VOL 41 PG 90 Torry Harris Business Solutions P. Ltd VOL 40 PG 256
7	Profits arising out of fluctuation of rates of foreign exchange--Form part of export turnover-	Universal Precision Screws v. Asst. CIT VOL 38 PG 233
8	Sale of scrap--Proceeds not includible in turnover		Universal Precision Screws v. Asst. CIT VOL 38 PG 233