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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Forward contract cancellation loss - whether be treated as ...

Income Tax

August 8, 2013

Forward contract cancellation loss - whether be treated as business loss or speculation loss - the assessee was not a dealer in foreign exchange. - the export contracts entered into by the assessee for export in some cases failed. - allowed as business loss - AT

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