2018 (12) TMI 1519

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..... been answered by the Hon'ble Supreme Court in CIT vs. HCL Technologies Ltd.(2018 (5) TMI 357 - SUPREME COURT), wherein held that definition of total turnover given under Sections 80HHC and 80HHE of the Act cannot be adopted for the purpose of Section 10A of the Act. The Revenue cannot dispute the above legal position, which has been settled by the Hon'ble Supreme Court. In the light of the sam .....

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..... stion of law:- Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in holding that, expenditure incurred in foreign currency which are excluded from the export turnover should also be excluded from total turnover in order to grant relief under 10A of the Income Tax Act, 1961? 3. Heard Mrs.R.Hemalatha, learned Senior Standing Counsel for the .....

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