https://www.taxtmi.com/caselaws?id=176027 The Revenue's appeal was partly allowed. The Tribunal dismissed the Revenue's grounds regarding the foreign exchange loss and interest disallowance but upheld the addition to book profit under section 115JB, emphasizing the necessity of compliance with the Companies Act in preparing accounts. en-us Mon, 30 Nov 2009 00:00:00 +0530 Tue, 03 Oct 2023 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176027 The Revenue's appeal was partly allowed. The Tribunal dismissed the Revenue's grounds regarding the foreign exchange loss and interest disallowance but upheld the addition to book profit under section 115JB, emphasizing the necessity of compliance with the Companies Act in preparing accounts. Case-Laws Income Tax Mon, 30 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176027