Tag Archives: Exchange fluctuation loss

Exchange fluctuation loss to be deducted u/s 10A : High Court

By | February 18, 2016

Issue Whether exchange fluctuation loss of Rs. 74,25,340/- should be reduced from the total turnover for the purpose of computation of deduction under section 10A of the Act, Held Section 10A of the Act is a beneficial provision. The purpose of section 10A of the Act is also to bring more foreign exchange and to… Read More »