05 November 2011
Should Professional Fees and commission on sales paid to any person abroad should be excluded from the export turnover for claiming exemption U/s 10A for the Asst Year: 2009 -2010.
05 November 2011
It depends upon the item/services exported.
In case of export of an article or thing such expenditures are not required to be excluded from the export turnover. Only in case of rendering services outside India, any expenditure incurred in foreign exchange has to be excluded from the export turnover.