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Bombay HC taxes exchange fluctuation after considering principles of AS-11
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Corporate Tax
Bombay HC taxes exchange fluctuation after considering principles of AS-11
Posted on
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August 12, 2017
Tenet Tax Daily August 09 2017
By
tenettax-team
Corporate Tax
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Co. not involved in R&D activity is incomparable with Co. providing R&D services to AE
Composite rental income from letting out building together with fixtures was taxable as income from other sources