COMMISSIONER OF INCOME TAX, DELHI vs. M/S WOODWARD GOVERNOR INDIA P. LTD
C.A. No.-002206-002206 - 2009Supreme Court08 Apr 2009
Section 143Section 143(1)(a)Section 143(2)Section 37(1)Section 43(1)
Delay condoned.
2.
Leave granted.
3.
In this batch of civil appeals, the following question arises for
determination:
(i)
Whether, on the facts and circumstances of the case and in law, the
additional liability arising on account of fluctuation in the rate of
exchange in respect of loans taken for revenue purposes could be
allowed as deduction under Section
