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2017 (3) TMI 1761 - HC - Income TaxDeduction u/s 10A - Interpretation of Total Turnover & Export Turnover - whether expenses reduced from the export turnover has to be reduced from the total turnover also ? - HELD THAT:- Matter is already covered by the decision of this Court in the case of CIT v. Tata Elxsi Ltd. [2011 (8) TMI 782 - KARNATAKA HIGH COURT]. Hence, the said question would no more remain as a substantial question of law. Disallowing set-off of losses of earlier years before deduction under section 10A - HELD THAT:- the matter is covered by the earlier decision of this Court in the case of CIT v. Yokogawa India Ltd. [2011 (8) TMI 845 - Karnataka High Court ] Further, the matter was carried by the Revenue before the Apex Court against the above referred decision of this Court and the Apex Court vide its order in the case of CIT v. Yokogawa India Ltd. [2016 (12) TMI 881 - SUPREME COURT] has disposed of the appeals.
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