2018 (11) TMI 140 - SCH - Income Tax

Interpretation of Total Turnover & Export Turnover under 10A - Held that - Learned counsel appearing for the appellants fairly submits 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 Supreme Court dismissed a special leave petition by the Union of India, stating that the issue raised was covered by a previous decision in The Commissioner of Income Tax-III and Anr. v. M/s. Tata Elxsi Ltd. -2018 (6) SCALE 524.