https://www.taxtmi.com/caselaws?id=62515 The Tribunal dismissed the first ground regarding notional income on a loan but allowed the second and third grounds. The appeal was partly allowed, granting relief to the assessee on the disallowance of foreign exchange fluctuation loss and allowing the carry forward of loss to succeeding assessment years. en-us Wed, 31 Jan 2007 00:00:00 +0530 Thu, 26 Jul 2012 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62515 The Tribunal dismissed the first ground regarding notional income on a loan but allowed the second and third grounds. The appeal was partly allowed, granting relief to the assessee on the disallowance of foreign exchange fluctuation loss and allowing the carry forward of loss to succeeding assessment years. Case-Laws Income Tax Wed, 31 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62515