Revision u/s 263 - ssessee has claimed foreign fluctuation loss ...

Case Laws Income Tax

December 10, 2022

Revision u/s 263 - ssessee has claimed foreign fluctuation loss with respect to foreign currency loan which was converted into the shares of the company - AO has not conducted inquiry with respect to loss claimed by the assessee in the revised return of income by virtue of amended provision of section 43AA of the Act which was made applicable retrospectively. - AT

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Revision u/s 263 - ssessee has claimed foreign fluctuation loss ...

Case Laws Income Tax

December 10, 2022

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