Facts of the Case
The Revenue filed an appeal under Section 260A
of the Income Tax Act, 1961 before the Karnataka High Court against the
order of the Income Tax Appellate Tribunal (ITAT) for Assessment Year 2011-12.
During the hearing, the Revenue sought permission
to raise an additional substantial question of law regarding whether VAT/GST
should be included in the export turnover while computing deduction under
Section 10A, particularly when the issue was pending before the Supreme
Court in Special Leave Petitions (SLPs).
The respondent-assessee, M/s Wipro Limited, contended that the issue had already been decided in its favour in its own earlier case by the Karnataka High Court.
Issues Involved
- Whether VAT/GST forms part of export turnover for the
purpose of computing deduction under Section 10A of the Income Tax
Act, 1961.
- Whether the Tribunal was justified in following the earlier
judgment rendered in the assessee's own case.
- Whether the Revenue's appeal should remain subject to the final outcome of the pending Civil Appeal before the Supreme Court.
Petitioner's (Revenue's) Arguments
- The Revenue contended that the Tribunal erred in directing
inclusion of VAT/GST in export turnover while computing deduction
under Section 10A.
- It argued that the earlier Karnataka High Court judgment relied
upon by the Tribunal had not attained finality, as Special Leave
Petitions were pending before the Hon'ble Supreme Court.
- Accordingly, the Revenue requested that the High Court consider the additional substantial question of law and decide the issue.
Respondent's (Assessee's) Arguments
- M/s Wipro Limited submitted that the issues raised by the Revenue
had already been decided in its favour by the Karnataka High Court in the
assessee's own earlier case.
- The assessee pointed out that the Tribunal had merely followed the
binding precedent of the jurisdictional High Court.
- It also had no objection to the Revenue's request that the final outcome of the pending Supreme Court proceedings should govern the parties.
Court Order / Findings
The Karnataka High Court held that:
- Questions of law Nos. 1 to 12, 14, 15, 18 and 19 stood
concluded against the Revenue and in favour of the assessee by the earlier
decision rendered in M/s Wipro Limited vs. Deputy Commissioner of
Income Tax.
- Questions 13, 16 and 17 were kept open.
- Since similar issues were pending before the Hon'ble Supreme Court
in Civil Appeal No. 5391 of 2016, the Court directed that the
parties shall be governed by the final outcome of the said Civil Appeal.
- Accordingly, the appeal was disposed of.
Important Clarification
- A High Court may dispose of an appeal by following its own binding
precedent while making the parties subject to the final decision of the
Supreme Court where the same legal issue is pending before the Apex Court.
- The judgment reiterates judicial discipline in following earlier
binding decisions until reversed or modified by the Supreme Court.
- The decision primarily concerns the computation of deduction under Section 10A, particularly regarding the treatment of VAT/GST in export turnover.
Sections Involved
- Section 10A – Deduction in respect of
profits and gains derived by eligible export-oriented undertakings.
- Section 260A – Appeal to the High Court.
Related Case Laws
- M/s Wipro Limited vs. Deputy Commissioner of Income Tax (ITA No. 879/2008 & Connected Matters, Karnataka High Court,
dated 25.03.2015)
- Civil Appeal No. 5391 of 2016 (Pending before the Hon'ble Supreme Court concerning the same issue)
Link to Download the
Order https://www.mytaxexpert.co.in/uploads/1784271587_1146compressed.pdf
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