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Forex Loss on ECB Restatement Held Capital in Nature: ITAT Chennai

22 Aug 2026 · 22 Aug 2026By CA Sandeep Kanoi

ITAT Chennai dismisses Egger Pumps India’s appeal, holding Rs.7.02 lakh forex loss on restatement of ECB capital in nature and not allowable as business expenditure. The post Forex Loss on ECB Restatement Held Capital in Nature: ITAT Chennai appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

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