INCOME TAX

Deduction u/s 80HHE

INSTRUCTION NO. 5254/1995

 Dated: October 12, 1995

Section(s) Referred: 80HHE

Statute: Income - Tax Act, 1961

Representation from various corners have been received by the CBDT regarding deduction u/s. 80HHE of the I.T. Act. The point of consideration is the definition of total turnover for the purpose of deduction u/s. 80HHE. Whether the total turnover of the assessee includes turnover of the business other than the business of computer software also or it is only the turnover of Computer Software business.

2. You are therefore, requested to report the manner in which the computation of deduction u/s. 80HHE is being done by the Assessing Officer and the view taken by CIT(Appeal) in the matter.

F.No. 178/125A/92-ITA-I,