Is a manufacturer and exporter of computer software eligible for deduction u/s 10A of the I.T. Act?

Last updated: 10 September 2021
Quick Summary
This case concerns whether a company manufacturing and exporting computer software is eligible for a tax deduction under Section 10A of the Income Tax Act. The assessee claimed a concessional tax rate on certain expenditures, arguing its activities qualified as ITES (Information Technology Enabled Services). The Income Tax Appellate Tribunal allowed the appeal, referencing a High Court decision that confirmed the assessee's entitlement to the Section 10A deduction.

Court :
ITAT Bangalore

Brief :
This appeal was restored to the I.T.A.T. by the Hon�ble High Court in ITA No.338/2014 (judgment dated 18.01.2021).

Citation :
ITA No.814/Bang/2013 : Asst.Year 2008-2009

Daily Limit Reached

You have reached your daily limit of 2 Free Judgements

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited Judgements Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

 
Comments

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Recent Judgments :

  1. ITAT Quashes AY 2015-16 Reassessment as Section 148 Notice Issued After 1 April 2021 Was Invalid
  2. ITAT Condones 2,073-Day Delay and Deletes Addition for Cash Deposit Explained by Property Sale and Savings
  3. ITAT Deletes Addition for Alleged On-Money Payment Due to Lack of Evidence Against Buyer
  4. ITAT Holds Estate with Sole Executor Taxable at Individual Slab Rates, Not Maximum Marginal Rate
  5. ITAT Deletes Section 270A Penalty Where Section 80P Deduction Was Claimed Under Bona Fide Belief
  6. ITAT Quashes Reassessment Due to Approval from Incompetent Authority Under Section 151
  7. ITAT Condones 78-Month Delay and Remands Case Over Alleged Double Taxation of Income
  8. ITAT Condones 185-Day Delay and Remands Case for Fresh Assessment Due to Company’s Defunct Status
  9. ITAT Condones 123-Day Delay in Filing Appeal and Directs CIT(A) to Decide the Case on Merits
  10. ITAT Quashes Reassessment for AY 2015-16 as Section 148 Notice Issued After 1 April 2021 Was Time-Barred

View More Judgments »


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member NIKHIL GUPTANIKHIL GUPTAPro Member kopparapu bheemaraokopparapu bheemaraoPro Member RamRamPro Member Jitendra ChobisaJitendra ChobisaPro Member Pawan HaryaniPawan Haryani
Subscribe to Pro
Join an elite circle of professionals

Browse by Category




Follow