https://www.taxtmi.com/caselaws?id=378877 The High Court set aside the decision regarding the treatment of front end fees under Section 35D of the Income Tax Act, directing the tribunal to reconsider in line with the Supreme Court judgment cited by the assessee. The court ruled in favor of the revenue on the deletion of unrealized foreign exchange gain, instructing a reassessment. The tribunal was given the liberty to remand the matter for a recomputation of the assessee's income. en-us Thu, 18 Apr 2019 00:00:00 +0530 Tue, 23 Apr 2019 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378877 The High Court set aside the decision regarding the treatment of front end fees under Section 35D of the Income Tax Act, directing the tribunal to reconsider in line with the Supreme Court judgment cited by the assessee. The court ruled in favor of the revenue on the deletion of unrealized foreign exchange gain, instructing a reassessment. The tribunal was given the liberty to remand the matter for a recomputation of the assessee's income. Case-Laws Income Tax Thu, 18 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378877