Case Law Details
Case Name : M/s JCBL India Pvt. Ltd. Chandigarh Vs The A.C.I.T. Chandigarh (ITAT Chandigarh)
Related Assessment Year : 2007-08
Courts :
All ITAT ITAT Chandigarh
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BRIEF FACTS OF THE CASE AND QUESTION OF LAW
Brief Facts:
This appeal filed by the assessee is directed against the order of the learned Commissioner of Income Tax (Appeals) , Chandigarh dated 16.1.2012 relating to assessment year 2007-08.
The assessee has claimed income of Rs.8,00,196/- on account of foreign exchange fluctuation. The Assessing Officer did not allow deduction under section 80IC of the Income Tax
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