corporate and professional updates 7th july 2018
Direct Tax : Karnataka HC upholds ITAT order, allows Sec. 10B deduction to assessee-company (100% EOU) in respect of the ‘Deemed Export’ of goods made by it through a third party during AYs 2009-10 & 2010-11, follows co-ordinate Bench order in Tata Elxsi Ltd. rendered in context of Sec. 10A; Rejects Revenue’s stand that Tata …