https://www.taxtmi.com/caselaws?id=280158 The Tribunal upheld the CIT(A)'s decision in disallowing certain expenses as capital expenditure, treating foreign exchange fluctuation gain as business income, and sending back the issue of training and education expenses for fresh consideration. The Revenue's appeals were dismissed, and the assessee's appeal was allowed for statistical purposes in one case. en-us Tue, 31 May 2011 00:00:00 +0530 Tue, 23 Apr 2019 15:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280158 The Tribunal upheld the CIT(A)'s decision in disallowing certain expenses as capital expenditure, treating foreign exchange fluctuation gain as business income, and sending back the issue of training and education expenses for fresh consideration. The Revenue's appeals were dismissed, and the assessee's appeal was allowed for statistical purposes in one case. Case-Laws Income Tax Tue, 31 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280158