Nature of Liability – Contingent or not – Loss of fluctuation of ...

High Court Rules on Income Tax Liability Due to Foreign Exchange Fluctuations, Considers Liability Non-Contingent.

April 25, 2014

Case Laws Income Tax HC

Nature of Liability – Contingent or not – Loss of fluctuation of foreign exchange - the restatement had come at the end of the accounting year and that the present liability itself was on account of the exchange fluctuation - claim allowed - HC

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Nature of Liability – Contingent or not – Loss of fluctuation of ...

High Court Rules on Income Tax Liability Due to Foreign Exchange Fluctuations, Considers Liability Non-Contingent.

April 25, 2014

Case Laws Income Tax HC

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