TMI Blog2013 (10) TMI 763X X X X Extracts X X X X X X X X Extracts X X X X ..... . It is intended to provide incentives to promote exports. If the export turnover in the numerator is to be arrived at after excluding certain expenses, the same should also be excluded in computing the export turnover as a component of total turnover in the denominator. The reason being the total turnover includes export turnover. The components of the export turnover in the numerator and the den ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... O. K. Narayanan, Vice-President This appeal is filed by the Revenue. The relevant assessment year is 2006-07. The appeal is directed against the order of the Commissioner of Income-tax(Appeals)-V, at Chennai dated 27.9.2010. The appeal arises out of the assessment completed under sec.144C, read with sections 92C(4) and 144C(3) of the Income-tax Act, 1961. 2. The first ground raised by the Reve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appeal against the order of the Assessing Officer disallowing the claim of deduction under sec.10A. In fact the Commissioner of Income-tax(Appeals) has relied on the decision of the Tribunal in assessee s own case for the assessment year 2002-03 passed in ITA No. 2255/Mds/2006. The very same view has been taken by the Tribunal again for the assessment year 2005-06 in assessee s own case in ITA No. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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