TMI Blog2018 (4) TMI 1367X X X X Extracts X X X X X X X X Extracts X X X X ..... v. Tata Elxsi Ltd [2011 (8) TMI 782 - KARNATAKA HIGH COURT] we are of the view that the order directing to exclude communication charges and travelling and conveyance expenses both from export turnover and total turnover, is just and proper and calls for no interference. - I.T.A.No. 339 of 2017 - - - Dated:- 27-3-2018 - MR. B.S. PATIL AND S. SUNIL DUTT YADAV JJ. Appellants: (By Mr. K.V. Ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... raveling expenses in foreign currency both from the export turnover and total turnover? . 4. The Tribunal, following the judgment of this Court in the case of Commissioner of Income Tax and another Vs. Tata Elixi Limited (2012) 349 ITR 98, has held that expenses which are reduced from the export turnover are to be necessarily reduced from the total turnover while computing deduction und ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to have a formula to ascertain the profits from export business by apportioning the total profits of the business on the basis of turnovers. Apportionment of profits on the basis of turnover was accepted as a method of arriving at export profits. In the case of section 80HHC, the export profit is to be derived from the total business income of the assessee, whereas in section 10A, the expor ..... X X X X Extracts X X X X X X X X Extracts X X X X
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