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1988 (12) TMI 99 - BOMBAY HIGH COURTExtract: ....... case of transfer of profits after they are earned. Such depreciation in the value of profits after they are earned in foreign currency cannot be a revenue loss. In this view of the matter, the question referred at the instance of the assessee requires to be answered in the negative and against the assessee. It is so answered. No order as to costs.
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