[aaykarbhavan] HC allows exchange difference loss on refund of customer’s advance relying upon ITAT’s order for prior year

HC allows exchange difference loss on refund of customer's advance relying upon ITAT's order for prior year

July 29, 2014[2014] 46 taxmann.com 371 (Bombay)

IT : Deduction on account of loss being exchange difference on refund of customer's advance relying upon Tribunal's order for prior assessment year of same assessee, to be allowed

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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