Loss from foreign exchange transaction in the forward market - ...

Income Tax

August 2, 2013

Loss from foreign exchange transaction in the forward market - speculative loss v/s business loss - assessee was entitled to claim deduction in respect of payment made on account of cancellation of forward booking of foreign exchange with banks as a business loss. - AT

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Loss from foreign exchange transaction in the forward market - ...

Income Tax

August 2, 2013

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