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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Disallowance on account of Foreign Fluctuation Exchange loss - ...

Income Tax

September 23, 2019

Disallowance on account of Foreign Fluctuation Exchange loss - such loss/profit to be of revenue character. - the CBDT Instruction cannot override the judicially settled position - claim allowed.

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