2016 (9) TMI 908

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... by raising the following substantial questions of law: "1. Whether on the facts and circumstances of the case, the ITAT is justified in law in allowing the appeal of the respondent by directing the Assessing Officer to exclude reimbursement of certain expenditure incurred in foreign currency, both from the Export Turnover and Total Turnover, without appreciating the fact that the statute allows .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Revenue has carried the matter before the Apex Court. 3. In our view, as on today, the matter is already covered by the decision of this Court in the case of Tata Exlsi (supra) and therefore it cannot be said that any substantial questions of law would arise for consideration as sought to be canvassed. 4. However, in the event the Apex Court takes a different view the Revenue may initiate the p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X