https://www.taxtmi.com/caselaws?id=443545 The HC upheld the ITAT's decision, finding no error in its treatment of foreign exchange gain/loss as operating income/loss. The exclusion of comparables, Infosys Ltd. and Wipro Technologies Services Ltd., was deemed appropriate due to the absence of segmental information. The appeal was dismissed as no substantial question of law was identified. en-us Mon, 11 Sep 2023 00:00:00 +0530 Tue, 21 Apr 2026 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443545 The HC upheld the ITAT's decision, finding no error in its treatment of foreign exchange gain/loss as operating income/loss. The exclusion of comparables, Infosys Ltd. and Wipro Technologies Services Ltd., was deemed appropriate due to the absence of segmental information. The appeal was dismissed as no substantial question of law was identified. Case-Laws Income Tax Mon, 11 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443545