Allowability of amount u/s 43A - foreign exchange fluctuation - ...

High Court Confirms Foreign Exchange Fluctuation Losses as Allowable Expenditures Under Income Tax Act Section 43A.

August 30, 2014

Case Laws Income Tax HC

Allowability of amount u/s 43A - foreign exchange fluctuation - But the word “expenditure” used in context of Section 37(1) would also cover loss even though the said amount had not gone out from the pocket of the assessee - HC

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Allowability of amount u/s 43A - foreign exchange fluctuation - ...

High Court Confirms Foreign Exchange Fluctuation Losses as Allowable Expenditures Under Income Tax Act Section 43A.

August 30, 2014

Case Laws Income Tax HC

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