S. 43A : Rate of exchange-Foreign currency-Gain arising on account of exchange fluctuation is not liable to tax as it is on capital account foreign exchange.
PCIT v. Bangalore International Airport Ltd. (2023) 459 ITR 158 459 ITR 158 / 154 taxmann.com 394 (Karn)(HC) Editorial : SLP of Revenue is dismissed, PCIT v. Bangalore International Airport Ltd. (2023) 294 Taxman 590 (SC)