Bank office work from legal dept. of software companies classified as data processing for Sec. 10A exemption

Bank office work from legal dept. of software companies classified as data processing for Sec. 10A exemption

November 02, 2020
INCOME TAX : Where assessee received back office work from legal department of software companies in USA and back office standard required a level of control over formulation of editing of content of application, which was possible only with use of information technology, activities of assessee could be classified as Data Processing, Legal Databases and remote maintenance under Notification No. 890, dated 26-9-2000

from www.taxmann.com Latest Case Laws https://ift.tt/3eiwtgF
via IFTTT
Next
« Prev Post
Previous
Next Post »
Subscribe to: Post Comments (Atom)

Tally - Auto Entry Utility

Hi guys, For those making year end entries in tally and those having huge volume of entries carrying some frequencies (daily/weekly/month...