Deduction for foreign exchange gain, Income Tax

[ANIL BEDI]

WHETHER FOREIGN EXCHANGE GAIN ELIGIBLE FOR DEDUCTION U/S 10B OR U/S 80HHC. IF YES, PROVIDE SOME HIGH COURT OR SUPREME COURT JUDGMENT.

Posts / Replies

[Surender Gupta]

Exemption u/s 10B is available upto AY 2010-11. But exemption u/s 80HHC has been withdrawn.

[CA dev kumar kothari]

Better have a search on website and share information gatehred. it is complex topic.