The foreign exchange loss incurred by the assessee on account of ...

Income Tax

May 23, 2014

The foreign exchange loss incurred by the assessee on account of entering into forward contracts with the banks for the purpose of hedging the loss in connection with his import/export business of diamonds cannot be held to be a speculative loss - AT

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The foreign exchange loss incurred by the assessee on account of ...

Income Tax

May 23, 2014

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