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![Madras HC Allows Deduction u/s 37 of Compensation Paid for Exchange Rate Fluctuation as Business Expenditure [Read Order] Madras HC Allows Deduction u/s 37 of Compensation Paid for Exchange Rate Fluctuation as Business Expenditure [Read Order]](https://images.taxscan.in/h-upload/2026/02/13/2125014-madras-hc-allows-deduction.webp)
Madras HC Allows Deduction u/s 37 of Compensation Paid for Exchange Rate Fluctuation as Business Expenditure [Read Order]
The Madras High Court has held that compensation paid by an assessee to its agent for losses arising due to foreign exchange rate fluctuation, caused...




![Finance Ministry Amends Exchange Rate of Turkish Lira w.e.f. 8th June 2023 [Read Notification] Finance Ministry Amends Exchange Rate of Turkish Lira w.e.f. 8th June 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Finance-Ministry-Turkish-Lira-Finance-Ministry-Amends-Exchange-Rate-of-Turkish-Lira-Exchange-Rate-taxscan.jpg)


