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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Mark-to-market loss claim on revaluation of the pending forward ...

Income Tax

July 11, 2013

Mark-to-market loss claim on revaluation of the pending forward contract on the closing day - a liability is said to have crystallized when a pending obligation on the balance sheet date is determinable with reasonable certainty. - AT

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