https://www.taxtmi.com/caselaws?id=9505 The court remanded the case to the Tribunal without a final decision, emphasizing the need to consider sub-section (2) of section 80HHC and require relevant evidence for a fair determination regarding the treatment of exchange rate differences as 'profit of business' under the Income-tax Act, 1961. The court highlighted the importance of aligning the treatment of exchange rate variances with the statutory framework governing export sale proceeds under section 80HHC. en-us Tue, 20 Dec 2005 00:00:00 +0530 Tue, 23 Jun 2009 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9505 The court remanded the case to the Tribunal without a final decision, emphasizing the need to consider sub-section (2) of section 80HHC and require relevant evidence for a fair determination regarding the treatment of exchange rate differences as 'profit of business' under the Income-tax Act, 1961. The court highlighted the importance of aligning the treatment of exchange rate variances with the statutory framework governing export sale proceeds under section 80HHC. Case-Laws Income Tax Tue, 20 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9505