Management fee earned by assessee which was incidental to export business was eligible for sec. 10A relief

INCOME TAX: Where assessee company was a 100 percent Export Oriented Unit (EOU), engaged in business of assembling and exporting valves, management fee earned by assessee in nature of export services which was incidental to business of export of valves would partake character of profit and gain from business and assessee was to be allowed exemption under section 10A on sameINCOME TAX: Where assessee company was a 100 percent Export Oriented Unit (EOU), engaged in business of assembling and exporting valves, management fee earned by assessee in nature of export services which was incidental to business of export of valves would partake character of profit and gain from business and assessee was to be allowed exemption under section 10A on samewww.taxmann.com Latest Case LawsRead More

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