U/s 10a

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P.karthik (Querist)
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08 November 2011 Is Professional fees,Commission on Sales is paid-through a bank account in India (Converted into foreign exchange) for his services rendered abroad. Whether such fees paid should be excluded from the export turnover for a company which is 100% (EOU) for the purpose of calculating exemption U/s 10A.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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08 November 2011 In case of Export turnover consisting of Providing Technical Services outside India,
such expenditure has to be excluded for arriving the figure of Export Turnover.
.
In case of export of articles or things
such expenditures are not required to be deducted in arriving ET.
.
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