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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Loss on Forward Contracts in foreign exchange - such ...

Income Tax

January 11, 2017

Loss on Forward Contracts in foreign exchange - such transactions were carried out in the normal course of business to guard against the fluctuation in foreign exchange such transactions are in nature of hedging transactions, loss on which is genuinely business loss - claim of loss allowed - AT

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