2018 (9) TMI 608 - SCH - Income Tax

Method of computing the exemption u/s 10-A - whether the expenses excluded from the export turnover are also to be excluded from the total turnover for the purpose of Section 10-A - Held that - The issue involved viz. whether the expenses on certain items should be allowed as deduction or not is covered under the decision of this Court in Commissioner of Income Tax, Central-III vs. HCL Technologies Ltd. 2018 (5) TMI 357 - SUPREME COURT .

Summary

The Supreme Court in 2018 (9) TMI 608 - SC Order, with Hon'ble Mrs. Justice R. Banumathi and Hon'ble Ms. Justice Indira Banerjee, condoned the delay. The issue of allowing expenses as deduction is covered under Civil Appeal Nos. 8489-8490 of 2013. The special leave petition was dismissed, and pending applications were disposed of.