Gain From Foreign Exchange Fluctuations Can't Be Claimed As Deduction Under S.80 HHC Income Tax Act : Supreme Court
Recently, the Supreme Court (on November 21), while interpreting Section 80 HHC of the Income Tax Act, held that the profit from exchange fluctuation is independent of export earnings. Pertinently,...
Observations Of The Supreme Court Supreme Court On Supreme Court Exchange Earners Foreign Currency High Court Income Tax Act
Source: livelaw.in