Reassessment is up held. As regards capitalisation of forex loss, the CIT(A) is directed to decide the issue of capitalisation of forex loss.n(AY. 2014-15)
Dy. CIT v. Green Star Fertilizers Ltd (2023) 225 TTJ 748 (Chennai)(Trib)
S. 32 : Depreciation-Actual cost-Capitalisation of forex loss-CIT(A) is directed to decide the issue of capitalisation of forex loss-Reassessment is up held.[ S. 43A, 147, 148]