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Case Law Details

Case Name : M/s JCBL India Pvt. Ltd. Chandigarh Vs The A.C.I.T. Chandigarh (ITAT Chandigarh)
Appeal Number : ITA 368/Chd/2012
Date of Judgement/Order : 15/06/2015
Related Assessment Year : 2007-08
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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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