https://www.taxtmi.com/caselaws?id=187256 The Tribunal upheld the CIT(A)'s decision to allow the claimed expenses on foreign exchange fluctuation and deletion of addition for unsecured loans under section 68. However, the Tribunal remitted the issue of interest expenses back to the CIT(A) for further examination. The Department's appeal was partly allowed, with the matter of interest paid requiring fresh consideration. en-us Fri, 14 May 2010 00:00:00 +0530 Sat, 15 Oct 2016 16:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187256 The Tribunal upheld the CIT(A)'s decision to allow the claimed expenses on foreign exchange fluctuation and deletion of addition for unsecured loans under section 68. However, the Tribunal remitted the issue of interest expenses back to the CIT(A) for further examination. The Department's appeal was partly allowed, with the matter of interest paid requiring fresh consideration. Case-Laws Income Tax Fri, 14 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187256