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Income Tax - Highlights / Catch Notes

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Foreign exchange loss on account of restatement of CDC loan - ...

Income Tax

February 11, 2013

Foreign exchange loss on account of restatement of CDC loan - whether be treated as a revenue loss? - actual arisen v/s notional - AO to decide in view of Apex Court decision in CIT v. Woodward Governor India (P.) Ltd [2009 (4) TMI 4 - SUPREME COURT] - HC

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