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    <title>2012 (2) TMI 494 - CESTAT NEW DELHI</title>
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    <description>The Appellate Tribunal CESTAT NEW DELHI allowed the appeal, holding that the margin of profit from foreign currency deals is not taxable under the Finance Act, 1994. The adjudicating authority&#039;s decision to drop the proceedings was upheld, overturning the ruling in favor of the Revenue by the first appellate authority. The appeal was allowed, and the stay petition was disposed of accordingly.</description>
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      <title>2012 (2) TMI 494 - CESTAT NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=173326</link>
      <description>The Appellate Tribunal CESTAT NEW DELHI allowed the appeal, holding that the margin of profit from foreign currency deals is not taxable under the Finance Act, 1994. The adjudicating authority&#039;s decision to drop the proceedings was upheld, overturning the ruling in favor of the Revenue by the first appellate authority. The appeal was allowed, and the stay petition was disposed of accordingly.</description>
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      <pubDate>Fri, 10 Feb 2012 00:00:00 +0530</pubDate>
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