incurred in foreign currency from export
turnover under Section 10B and Section
10AA of the IT Act when the Appellant is
engaged in software development ... from export turnover
under Section 10B and Section 10AA of the
IT Act when the same represented
payment made for standard facility?
(iii) Whether
Whether the tribunal was right in
directing that losses of a 10A/10AA unit,
which are already set-off against other
business income ... export
turnover" for the purpose of computing
deduction under Section 10A / 10AA of the
Act?
(v) Whether the tribunal was right in
excluding
export turnover" for the
purpose of computing deduction under section
10A / 10AA of the Act?
(3) Whether the tribunal was right in excluding ... total
turnover for the purpose of computing deduction
under section 10A / 10AA of the Act?
(4) Whether the Tribunal was right in directing
that losses
Whether the Tribunal was right in directing
that losses of a 10A/10AA unit, which are
already set-off against other business income ... export turnover' for the
purpose of computing deduction under Section
10A / 10AA of the Act?
3. Whether the Tribunal was right in excluding
losses of units
claiming deduction under Section 10A / 10AA of the Act is
squarely covered by decision of the Supreme Court in
19
'COMMISSIONER
placed on Circular dated 17.01.2013 issued
under Section 10A read with Section 10AA and Section
10B of the Act by the Central Board of Direct
setting aside the re-
computation of deduction under section
10A / 10B / 10AA of the IT Act done by
assessing authority even though the
assessing authority
10AA of the Income Tax Act
eventhough the same was in accordance
with aforesaid provisions of the IT Act ?
(12) Whether on the facts
Appellant regarding exclusion of expenses
when computing relief under section
10A / 10AA by mechanically following the
Karnataka High Court decision in Tata Elxsi
case
Officer completed the assessment by
making various disallowances under Sections 10A and
10AA of the Act by assessing additional income. The
4
Assessing Officer also
