Disallowance on account of Foreign Fluctuation Exchange loss - ...

Foreign Exchange Fluctuation Loss Deemed Revenue Nature; CBDT Instruction Can't Override Judicial Ruling, Claim Allowed.

September 23, 2019

Case Laws Income Tax AT

Disallowance on account of Foreign Fluctuation Exchange loss - such loss/profit to be of revenue character. - the CBDT Instruction cannot override the judicially settled position - claim allowed.

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Disallowance on account of Foreign Fluctuation Exchange loss - ...

Foreign Exchange Fluctuation Loss Deemed Revenue Nature; CBDT Instruction Can't Override Judicial Ruling, Claim Allowed.

September 23, 2019

Case Laws Income Tax AT

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