Treatment of the gain of foreign exchange fluctuation under the Income Tax Act


Last updated: 29 June 2021

Court :
ITAT Ahmedabad

Brief :
This appeal by Revenue is directed against the order of learned Commissioner of Income Tax (Appeals)-1, hereinafter referred as “ld. CIT(A)” Surat dated 27.02.2017 for the assessment year (AY) 2012-13. The Revenue has raised the following grounds of appeal:

Citation :
ITA No.1209/AHD/2017 (AY 2012-13)

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