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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Gain from conversion of currency - accrual of income - Use of ...


High Court Rules No Addition to Taxable Income from Currency Conversion Gains on Repatriated Foreign Funds.

July 1, 2014

Case Laws     Income Tax     HC

Gain from conversion of currency - accrual of income - Use of repatriated funds – entire funds were raised abroad - no addition - HC

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