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2016 (10) TMI 1170 - HC - Income TaxDisallowance of mark to market loss on foreign exchange forward contract loss - whether the said loss was not a notional loss and hence cannot be allowed? - Held that:- The issue arising herein stands concluded against the Revenue by the decision of this Court in an appeal filed by the Revenue from the order of the Tribunal in the case of Commissioner of Income Tax 16 Vs. M/s. D. Chetan & Co. (2016 (10) TMI 629 - BOMBAY HIGH COURT)
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