https://www.taxtmi.com/caselaws?id=440414 The High Court allowed the appeal, setting aside previous orders and ruling in favor of the appellant on issues concerning deduction under section 10A, disallowance of expenses, and entitlement to tax credit for taxes withheld in the US and Canada. The Court emphasized the appellant's eligibility for deductions, the nature of expenses, and the entitlement to tax credit, supported by legal precedents and detailed analysis. The Court deemed the treatment of foreign exchange fluctuation loss as irrelevant to the appeal. en-us Mon, 23 Jan 2023 00:00:00 +0530 Mon, 14 Aug 2023 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440414 The High Court allowed the appeal, setting aside previous orders and ruling in favor of the appellant on issues concerning deduction under section 10A, disallowance of expenses, and entitlement to tax credit for taxes withheld in the US and Canada. The Court emphasized the appellant's eligibility for deductions, the nature of expenses, and the entitlement to tax credit, supported by legal precedents and detailed analysis. The Court deemed the treatment of foreign exchange fluctuation loss as irrelevant to the appeal. Case-Laws Income Tax Mon, 23 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440414