2017 (3) TMI 1761

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..... xsi 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 matte .....

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..... ection 10A provides for exclusion of such expenses from the total turnover? 2. Whether the Tribunal was correct in upholding the decision of the appellate Commissioner in not allowing set-off of losses of earlier years before deduction under section 10A of the Act? 2. We have heard Mr. Aravind K V, learned counsel appearing for the Revenue. 3. It .....

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