Criteria for income to be considered as export turnover

Last updated: 27 November 2021

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This High Court of Karnataka judgement clarifies the criteria for income to be classified as export turnover. The case involved an appeal concerning the assessment year 2011-2012. The court's decision provides important guidance on what constitutes export turnover for tax purposes.

Court :
High Court of Karnatka

Brief :
Appeal filed under section 260A of the Income Tax Ac,1961

Citation :
ITA 337/2019

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22ND DAY OF OCTOBER, 2021 PRESENT THE HON'BLE MRS.JUSTICE S.SUJATHA AND THE HON'BLE MR. JUSTICE E.S.INDIRESH I.T.A.No.337/2019
BETWEEN :
1 . PRINCIPAL COMMISSIONER OF OF INCOME TAX-7, BMTC COMPLEX KORAMANGALA, BENCALURU
2 . THE DY. COMMISSIONER OF INCOME TAX CIRCLE-7(1)(1), BMTC COMPLEX KCRAMANGALA, BENGALURU
(BY SRI E.I.SANMATHI, ADV.)
AND :
M/s TATA ELXSI LTD., ITBP ROAD, HOODY, WHITEFIELD, BANGALORE-560048 PAN: AAACT7872Q
APPELLANTS
RESPONDENT
(BY SRI T.SURYANARAYANA, ADV.)
THIS INCOME TAX APPEAL IS FILED UNDER SECTION 260-A OF INCOME TAX ACT 1961, ARISING OUT OF ORDER DATED 05.12.2018 PASSED IN ITA NO.1517/BANG/2017 (ANNEXURE-A) FOR THE ASSESSMENT YEAR 2011-2012, PRAYING TO A. DECIDE THE FOREGOING QUESTION OF LAW AND/OR SUCH OTHER QUESTIONS OF LAW AS MAY BE FORMULATED BY THE HONBLE COURT AS DEEMED FIT. B. SET ASIDE THE APPELLATE ORDER DATED 05.12.2018 PASSED

Please find attached the enclosed file for the full judgement.

FAQ :

The judgement focuses on the criteria that must be met for income to be considered as export turnover for tax purposes.

The decision was made by the High Court of Karnataka.

This appeal relates to the assessment year 2011-2012.

The parties involved were the Principal Commissioner of Income Tax-7 and the Deputy Commissioner of Income Tax Circle-7(1)(1) as appellants, and M/s Tata Elxsi Ltd. as the respondent.

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Judgement posted by

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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