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INCOME FROM DOMESTIC SALE OF UNDERTAKING in SEZ

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(Querist)
03 March 2010 Dear Friends,

I have an query.hope to get it cleared from your suggestions.

" We all know that profits & gains of undertakings from export of articles or computer software is allowed as deduction..but i am not quiet clear whether profit from domestic sale are also allowed as deduction???
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M Prabhakar Menon

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M Prabhakar Menon (Expert)
03 March 2010 U/s 10A (4) only profits proportionate to export turnover to the total turnover of the undertaking will be exempt.

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