SLP of revenue is dismissed, foreign exchange fluctuation loss. Mark to Market basis. From the Judgement of Gujarat High Court. (ITA No. 1000 of 2017 dt 27 -6 2018. (AY. 2009-10)
PCIT v. Suzlon Energy Ltd. (2021) 276 Taxman 85 (SC) Editorial: Followed, PCIT v. Suzlon Energy Ltd. (SLP No. 1422 of 2019 dt 17-1-2020 (SC)
S. 28(i) : Business Loss-Foreign exchange fluctuation loss-Mark to Market basis -SLP of revenue is dismissed. [S. 37(1)]