Loss on Forward Contracts in foreign exchange - such ...

Foreign Exchange Forward Contract Losses Recognized as Legitimate Business Losses; Claims Permitted for Currency Hedging.

January 11, 2017

Case Laws Income Tax AT

Loss on Forward Contracts in foreign exchange - such transactions were carried out in the normal course of business to guard against the fluctuation in foreign exchange such transactions are in nature of hedging transactions, loss on which is genuinely business loss - claim of loss allowed - AT

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Loss on Forward Contracts in foreign exchange - such ...

Foreign Exchange Forward Contract Losses Recognized as Legitimate Business Losses; Claims Permitted for Currency Hedging.

January 11, 2017

Case Laws Income Tax AT

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