Case Law Details
Case Name : DCIT Vs M/s Honeywell International (India) Pvt. Ltd. (ITAT New Delhi 'C' Bench)
Related Assessment Year : 2003-04
Courts :
All ITAT ITAT Delhi
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The CIT (A) in a well-reasoned and well-discussed order has not committed any error in coming to a conclusion that the assessee was entitled to claim deduction on account of foreign exchange fluctuation loss. (Para 15)
IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH “C”: NEW DELHI
BEFORE SHRI D.R. SINGH, JM & SHRI DEEPAK R. SHAH, AM
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