| COURT: | ITAT Delhi |
| CORAM: | C. M. Garg (JM), Pramod Kumar (AM) |
| SECTION(S): | 92CA(3) |
| GENRE: | Transfer Pricing |
| CATCH WORDS: | forex gain, forex loss, Operating profit |
| COUNSEL: | G C Srivastava |
| DATE: | October 13, 2014 (Date of pronouncement) |
| DATE: | October 18, 2014 (Date of publication) |
| AY: | 2003-04 |
| FILE: | Click here to view full post with file download link |
| CITATION: | |
| In computing operating profits, expenditure of other years has to be excluded. Forex gains and losses have to be treated at par | |
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