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1986 (7) TMI 51 - HC - Income TaxExtract: ....... In any event, the loss occasioned by the exchange of currencies upon remittance unconnected with the trading activity, as it is in the present case, cannot be considered as an expenditure at all. In the result, we answer questions Nos. (4) and (5) also in the affirmative and against the assessee. In the circumstances, we make no order as to costs.
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