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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Forward contract a ‘hedging transaction’ or a ‘Forward ...

Case Laws     Income Tax

November 9, 2013

Forward contract a ‘hedging transaction’ or a ‘Forward transaction’ - So long as the total FCs does not exceed the exports of the year plus outstanding export receivable, the FCs can constitute 'hedging transaction' - AT

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