THE PRL COMMISSIONER OF INCOME TAX [CENTRAL] HYDERABAD vs. M/S SREE NAGENDRA CONSTRUCTIONS, KHAMMAM
In the result, appeal stands dismissed
ITTA/490/2016HC Telangana21 Aug 2018
Bench: This
Section 10Section 260Section 260ASection 35Section 43
211 Taxman 554 (Mad.)]
which has attained finality in view of the
dismissal of the SLP [C] C.C.2512/2014. filed
by the Revenue against the said judgment. For
the aforesaid reasons, the finding of the
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Tribunal that the increase or decrease in
liability on account of fluctuation in foreign
exchange as on the date of the balance sheet
would increase