Assistant Commissioner Of Income Tax vs Asea Brown Boveri Ltd. on 5 April, 2007
Equivalent
Asstt. Cit, Rg. 4(1) vs Claridges Investments And Finances (P) ... on 9 August, 2007
business receipt and also directed
to include both export turnover as well as total turnover being operational
income. This decision is also in line with ... sale as per the
exchange norms and subsequently the increase or decrease in value
received has been accounted as foreign exchange gain. In view
Dy. Cit vs Custom Capsules (P) Ltd. on 27 April, 2007
ORDER
D.K. Srivastava