Forex Fluctuations Export/Imports can be treated as Operating Cost: ITAT grants Relief to Dana India Ltd [Read Order]

Forex Fluctuations - Export - Imports - Operating Cost - ITAT - Dana India Ltd - Income Tax - taxscan

The Income Tax Appellate Tribunal (ITAT) Pune Bench, constituted of the Vice President of ITAT, Pune alongside being an Accountant Member Ravinder Singh Syal, and a Judicial Member Partha Sarathy Chaudhury, has made a conspicuous decision in the case of Dana India Pvt. Ltd Company and rendered that the Foreign Exchange fluctuations in export or…

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