DCIT Vs. Honeywell International (India) Pvt. Ltd. (ITAT Delhi)

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

Please become a Premium member. If you are already a Premium member, login here to access the full content.