2009 (12) TMI 689

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....h, for the Respondent.  P.C.: 1. Heard learned senior counsel for the revenue and learned senior counsel for the respondent. Perused appeal. 2. The substantial question of law sought to be raised which reads as under: "Whether in the facts and circumstances of the case and in law, the Tribunal erred in holding that exemption is allowable on exchange fluctuation gain, interest inco....