2017 (11) TMI 1666 - HC - Income Tax

Deduction u/s 10A - Interpretation of Total Turnover & Export Turnover under 10A - Held That - The question raised in this appeal is answered against the appellants by this Court in CIT v. Tata Elxsi Ltd. (2011 (8) TMI 782 - KARNATAKA HIGH COURT ). The appeal is accordingly dismissed.

Summary

The High Court of Karnataka dismissed the appeal as the question raised was answered against the appellants in a previous case involving CIT v. Tata Elxsi Ltd. (2012). The appellants were represented by Sri E. I. Sanmathi, Advocate, while there was no representation for the respondent.