Indian Kanoon - Search engine for Indian Law

which was the stand taken by the Revenue. 1 Tribunal 2 FCCB ITA 222/2023 Page 1 of 11 This is a digitally signed order ... assessee in terms of automatic route repurchased FCCB of the value of US$ 19.50 million (Rs.92,91,10,000/ - rupee equivalent at prevailing exchange

after taking note of the fact that the expenses on issue of FCCB bonds were allowed by his predecessors. Further, he observed that whether