Freight Reduction, Telecommunication Charges and Expenses Recovery w.r.t. Migration/JTS from Total Turnover is Eligible for Deduction u/s 10AA of Income Tax Act: ITAT [Read Order]

The telecommunication charges and recovery of expenses in respect of migration / job training services from total turnover was eligible for deduction under Section 10AA of the Income Tax Act, 1961
ITAT Delhi - Total Turnover is Eligible for Deduction - Telecommunication Charges - Freight Reduction - taxscan

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that reduction of freight, telecommunication charges and recovery of expenses in respect of migration / job training services from total turnover was eligible for deduction under Section 10AA of Income Tax Act, 1961. The assessee M/s Genpact India Private Limited was engaged…

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