{"id":7719,"date":"2019-10-09T11:58:18","date_gmt":"2019-10-09T11:58:18","guid":{"rendered":"http:\/\/itatonline.org\/digest\/pcit-v-infosys-bpo-ltd-2019-107-taxmann-com-56-264-taxman-290-karn-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-infosys-bpo-ltd-2019-264-taxman-289-sc\/"},"modified":"2019-10-09T11:58:18","modified_gmt":"2019-10-09T11:58:18","slug":"pcit-v-infosys-bpo-ltd-2019-107-taxmann-com-56-264-taxman-290-karn-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-infosys-bpo-ltd-2019-264-taxman-289-sc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-infosys-bpo-ltd-2019-107-taxmann-com-56-264-taxman-290-karn-hc-editorial-slp-of-revenue-is-dismissed-pcit-v-infosys-bpo-ltd-2019-264-taxman-289-sc\/","title":{"rendered":"PCIT v. Infosys BPO Ltd.  (2019) 107 taxmann.com 56 \/   264 Taxman 290 (Karn.)(HC)  Editorial : SLP of revenue is dismissed,  PCIT v. Infosys BPO Ltd.  (2019)  264 Taxman 289 (SC)"},"content":{"rendered":"<p>As regards deduction is to be allowed before allowing set off of looses of earlier years, High Court dismissed the appeal of the revenue\u00a0 following the decision in CIT v Yokogawa India Ltd. (2012) 349 ITR 98 (SC). As regards Expenses reduced from export turn over has to be reduced from total turnover. High Court followed the judgement in CIT v. Tata Elxsi Ltd. (2012) 349 ITR 98 (Karn.)(HC). (AY. 2005-06)\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10A : Free trade zone\u2013Deduction is to be allowed before allowing set off of looses of earlier years\u2013Expenses reduced from export turn over has to be reduced from total turn over.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7719","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-20v","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=7719"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7719\/revisions"}],"predecessor-version":[{"id":7720,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/7719\/revisions\/7720"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=7719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=7719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=7719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}