https://www.taxtmi.com/caselaws?id=133032 The Appellate Tribunal CESTAT New Delhi ruled in favor of the appellant, State Bank of Bikaner and Jaipur, stating that taxing the profit earned on Foreign Exchange under the Finance Act, 1994 was not the intention of the legislature. The tribunal directed a waiver of the pre-deposit during the appeal process. en-us Mon, 25 May 2009 00:00:00 +0530 Fri, 14 Jul 2017 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=133032 The Appellate Tribunal CESTAT New Delhi ruled in favor of the appellant, State Bank of Bikaner and Jaipur, stating that taxing the profit earned on Foreign Exchange under the Finance Act, 1994 was not the intention of the legislature. The tribunal directed a waiver of the pre-deposit during the appeal process. Case-Laws Service Tax Mon, 25 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=133032