Search Results Page

Search Results

1 - 10 of 37 (0.31 seconds)

Commissioner Of Income Tax, Delhi vs M/S Woodward Governor India P. Ltd on 8 April, 2009

must be shown in P & L and is allowable as Revenue deduction, provided it is a Forex loss and so he urged us to allow the claim. 9.3 According to the Ld.AR the AO/DRP erred in disallowing the claim made by the assessee on re-statement of foreign currency loan taken towards acquisition of indigenous assets and pointed out that this issue is no longer res integra, as held by the Hon'ble Supreme Court in the case of CIT v. Woodward Governor 312 ITR 254, wherein, it was held as under:
Supreme Court of India Cites 41 - Cited by 480 - S H Kapadia - Full Document
1   2 3 4 Next