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Case Law Details

Case Name : Sitae Re Pvt. Ltd. Vs ITO (ITAT Delhi)
Appeal Number : ITA No. 5743/Del/2017
Date of Judgement/Order : 14/05/2020
Related Assessment Year : 2014-15
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Sitae Re Pvt. Ltd. Vs ITO (ITAT Delhi)

The issue under consideration is whether the exchange fluctuation loss on Business Advance on Balance Sheet considered as business loss by Appellant are allowable under Section 37(1) of Income Tax Act, 1961?

the asses

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