2014 (9) TMI 1037

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..... ADV. JUDGMENT This appeal is preferred by the revenue raising the following two substantial questions of law: * Whether on the facts and in the circumstances and in law the Tribunal was correct in holding that the expenditure incurred in foreign currency excluded from export turnover has to be excluded from total turnover when there is no provision in Section 10B to exclude from total turnove .....

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..... ready answered in favour of the assessee and against the Revenue, we do not see any merit in this appeal. Accordingly, the appeal is dismissed. However, it was submitted by the Revenue that against the 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 c .....

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