https://www.taxtmi.com/caselaws?id=180403 The Tribunal upheld the deletion of the addition disallowing a claim for provision made towards exchange fluctuation loss on forward contracts, citing relevant case law. The appeal for provision for operations and maintenance was allowed for statistical purposes, with the issue remitted back to the A.O. for re-verification. The deletion of disallowance under Section 14A and Rule 8D was remitted back to the A.O. for further examination. The Tribunal's decision was issued on 24th September 2012 in Chennai. en-us Mon, 24 Sep 2012 00:00:00 +0530 Wed, 23 Mar 2016 10:50:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180403 The Tribunal upheld the deletion of the addition disallowing a claim for provision made towards exchange fluctuation loss on forward contracts, citing relevant case law. The appeal for provision for operations and maintenance was allowed for statistical purposes, with the issue remitted back to the A.O. for re-verification. The deletion of disallowance under Section 14A and Rule 8D was remitted back to the A.O. for further examination. The Tribunal's decision was issued on 24th September 2012 in Chennai. Case-Laws Income Tax Mon, 24 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180403