https://www.taxtmi.com/caselaws?id=268494 The Tribunal dismissed the revenue's appeal on both grounds, upholding the CIT(A)'s decisions regarding the allowance of the actual loss on F&O foreign currency transactions and the exemption claim under Section 54F. The Tribunal found that the assessee met the necessary legal requirements and conditions, affirming the CIT(A)'s conclusions. en-us Tue, 24 Nov 2015 00:00:00 +0530 Fri, 27 Nov 2015 10:54:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268494 The Tribunal dismissed the revenue's appeal on both grounds, upholding the CIT(A)'s decisions regarding the allowance of the actual loss on F&O foreign currency transactions and the exemption claim under Section 54F. The Tribunal found that the assessee met the necessary legal requirements and conditions, affirming the CIT(A)'s conclusions. Case-Laws Income Tax Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268494