TMI Blog2014 (9) TMI 1037X X X X Extracts X X X X X X X X Extracts X X X X ..... red by the judgment of this Court in the case of Commissioner of Income Tax & Another –vs- Tata Elxsi Ltd. & Ors. Reported in (2011 (8) TMI 782 - KARNATAKA HIGH COURT) wherein held There should be uniformity in the ingredients of both the numerator and the denominator of the formula, Section 10-A is a beneficial section. The components of the export turnover in the numerator and the denominator ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aforesaid two judgments in this Court, appeals are filed and are pending before the Apex Court. Hence, in the event of Revenue succeeding before the Apex Court, the Assessing Authority shall pass consequential orders under Section 260(1A) of the Income Tax Act, 1961, as per the orders to be passed by the Apex Court. - ITA No.549 of 2013 - - - Dated:- 5-9-2014 - MR. N. KUMAR AND MRS. RATHNAKAL ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deduction of benefit on the profits and gains? The first substantial question of law is covered by the judgment of this Court in the case of Commissioner of Income Tax Another vs- Tata Elxsi Ltd. Ors. Reported in (2012) 349 ITR 98 (Karn). Similarly, the second substantial question of law is also covered by the decision of this Court in the case of Commissioner of Income Tax Another ..... X X X X Extracts X X X X X X X X Extracts X X X X
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