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TMI Blog2016 (11) TMI 1672X X X X Extracts X X X X X X X X Extracts X X X X ..... t and non-STP unit are using the same infrastructure, employees, etc as examined by this Tribunal in the assessee's own case, for the earlier assessment year, and this Tribunal found that the assessee is eligible for exemption under Section 10A of the Act. In view of the above order of this Tribunal, there is no reason to take a different view for the year under consideration. Therefore, by pl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 016 - SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI ABRAHAM P. GEORGE, ACCOUNTANT MEMBER For the Appellant : Shri Sasikumar, JCIT For the Respondent : Sh. N. Devanathan, Advocate ORDER PER N.R.S. GANESAN, JUDICIAL MEMBER: This appeal of the Revenue is directed against the order of the Commissioner of Income Tax (Appeals) 15, Chennai, dated 18.03.2016 and pertains to a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sel for the assessee, also. The Ld.counsel submitted that similar argument was advanced on behalf of Revenue for the assessment year 2005- 06 and this Tribunal, by following its earlier order, allowed the claim of the assessee, therefore, it is covered in favour of the assessee. 4. We have considered the rival submissions on either side and perused the relevant material available on record. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h no argument was advanced from either side, this Tribunal finds that both denominator and numerator shall be the same. Therefore, once the expenditure incurred in foreign currency was excluded from total turnover, the same is also to be excluded from export turnover. Therefore, this Tribunal do not find any reason to interfere with the order of the lower authority and accordingly the same is conf ..... X X X X Extracts X X X X X X X X Extracts X X X X
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