Can I travel to india when my I94 extension is in Pending

Hi,

H1B expiry date: 30-Sep-2014

I94 expiry date : 30-Sep-2014

Extension file date : 15-Aug-2014 (EACxxxxxxx)

My current extension processing is in pending state. I need to travel to India due to emergency purpose and I am planning to come back after my H1B extension is done. My employer is asking me not to travel.
Can you please let me know if I can travel to India now and come back when ever i get my extension approved with visa stamped again?