Foreign Loan Exchange Gain Classified as Core Activity for Shipping Companies Under Chapter XII-G of Income Tax Act.

Shipping income assessment - Exchange gain on account of restatement on foreign loan - it would be considered to be a part of core activity of the shipping company entitled the benefit of Chapter XII-G of the Act. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X