TMI Blog2020 (5) TMI 600X X X X Extracts X X X X X X X X Extracts X X X X ..... A deduction - HELD THAT:- When the matter is taken up today, learned counsel for the parties submitted that the first substantial question of law framed by this Court is squarely covered by the judgment of the Division Bench of this Court in the case of CIT VS. TATA ELXSI LIMITED [ 2011 (8) TMI 782 - KARNATAKA HIGH COURT] whereas, the second substantial question of law is covered by the decision ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the facts and circumstances of the case, the Income Tax Appellate Tribunal is justified in directing the Assessing Officer to exclude the expenditure both from the export turnover and the total turnover when there is no provision in Section 10(A) of the IT Act requiring the said expenses to be reduced from the total turnover also? 2. Whether on the facts and circumstances of the case, the I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... grieved by the reworking of the deduction by the Assessing Officer under Section 10(A) of the Act, the Assessee filed the objections before the Dispute Resolution Panel. As per the directions of the Dispute Resolution Panel, the final order of assessment was passed and deduction under Section 10(A) of the Act was allowed. Being aggrieved by the aforesaid order, the Revenue preferred an appeal befo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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