2014 (5) TMI 597

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....r. Arijit Prasad, Adv. Ms. Reena Singh, Adv. Mrs. Anil Katiyar, Adv. ORDER Delay is condoned in filing special leave petition. 2. Leave granted. 3. Learned counsel for the parties are ad idem that the controversy raised in the present matter is squarely covered by the decision of this Court in Topman Exports Vs. Commissioner of Income-Tax (2012) 3 SCC 593. 4. In Topman Exports (2012) 3 SCC ....

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....res, he does not get the benefit of addition of ninety per cent of export incentive under clause (iiid) of Section 28 to his export profits, but he gets a higher figure of profits of the business, which ultimately results in computation of a bigger export profit. The High Court, therefore, was not right in coming to the conclusion that as the assessee did have the export turnover exceeding Rs.10 c....