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

Court Rules Forward Contract Cancellation Loss as Business Loss, Not Speculation, for Non-Foreign Exchange Dealer Assessee.

August 8, 2013

Case Laws Income Tax AT

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

Court Rules Forward Contract Cancellation Loss as Business Loss, Not Speculation, for Non-Foreign Exchange Dealer Assessee.

August 8, 2013

Case Laws Income Tax AT

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