Foreign Exchange Loss Classification: Actual vs. Notional under Supreme Court's CIT v. Woodward Governor Guideline. https://www.taxtmi.com/highlights?id=6794 Foreign exchange loss on account of restatement of CDC loan - whether be treated as a revenue loss? - actual arisen v/s notional - AO to decide in view of Apex Court decision in CIT v. Woodward Governor India (P.) Ltd [2009 (4) TMI 4 - SUPREME COURT] - HC en-us Mon, 11 Feb 2013 07:20:32 +0530 Mon, 11 Feb 2013 07:20:32 +0530 TaxTMI RSS Generator Foreign Exchange Loss Classification: Actual vs. Notional under Supreme Court's CIT v. Woodward Governor Guideline. https://www.taxtmi.com/highlights?id=6794 Foreign exchange loss on account of restatement of CDC loan - whether be treated as a revenue loss? - actual arisen v/s notional - AO to decide in view of Apex Court decision in CIT v. Woodward Governor India (P.) Ltd [2009 (4) TMI 4 - SUPREME COURT] - HC Highlights Income Tax Mon, 11 Feb 2013 07:20:32 +0530 https://www.taxtmi.com/highlights?id=6794