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    <title>1999 (11) TMI 34 - KERALA High Court</title>
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    <description>The court addressed two main issues in the case: income accrual from foreign exchange fluctuations and entitlement to weighted deduction on commission paid for exports. The court found the factual position confusing regarding the exchange difference and directed the Tribunal to re-examine the matter. The decision on weighted deduction was in favor of the assessee based on a previous court ruling. The Tribunal was instructed to decide on the weighted deduction issue in favor of the assessee and against the Revenue.</description>
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      <title>1999 (11) TMI 34 - KERALA High Court</title>
      <link>https://www.taxtmi.com/caselaws?id=15141</link>
      <description>The court addressed two main issues in the case: income accrual from foreign exchange fluctuations and entitlement to weighted deduction on commission paid for exports. The court found the factual position confusing regarding the exchange difference and directed the Tribunal to re-examine the matter. The decision on weighted deduction was in favor of the assessee based on a previous court ruling. The Tribunal was instructed to decide on the weighted deduction issue in favor of the assessee and against the Revenue.</description>
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      <pubDate>Tue, 23 Nov 1999 00:00:00 +0530</pubDate>
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