Income Tax, HC Delhi Judgement Dated 12/12/2025 – Transfer Pricing, Forex Fluctuation is Operating Income/Cost in Cost-Plus Transactions 

Case of PCIT vs Steria India Pvt Ltd,  HC Delhi Judgement Dated 12^th December 2025. HC held that Forex fluctuations are operating Income or loss. Such fluctuations are cost in cost-plus transactions, if so provided in contractual arrangements.

(Link: HC Delhi Judgement Dated 12/12/2025)