https://www.taxtmi.com/caselaws?id=214572 The appeals for assessment years 2002-03 and 2003-04 were partly allowed. The tribunal ruled in favor of the assessee on the disallowance of contributions to PF/ESIC and weighted deduction for scientific research expenses. However, the disallowance of foreign exchange rate fluctuation expenses was upheld. Various issues were remanded for fresh consideration or decided based on legal precedents. The tribunal provided detailed reasoning for each decision, ensuring compliance with relevant judicial decisions and statutory provisions. en-us Fri, 27 Apr 2012 00:00:00 +0530 Tue, 12 Apr 2016 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214572 The appeals for assessment years 2002-03 and 2003-04 were partly allowed. The tribunal ruled in favor of the assessee on the disallowance of contributions to PF/ESIC and weighted deduction for scientific research expenses. However, the disallowance of foreign exchange rate fluctuation expenses was upheld. Various issues were remanded for fresh consideration or decided based on legal precedents. The tribunal provided detailed reasoning for each decision, ensuring compliance with relevant judicial decisions and statutory provisions. Case-Laws Income Tax Fri, 27 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214572