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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Loss of hedging of foreign currency receivable from exports - ...

July 29, 2020

Case Laws     Income Tax     HC

Loss of hedging of foreign currency receivable from exports - Loss on account of futures and options set off against the business profit - No substantial question of law to be arising in the present case at this stage, requiring our consideration or pronouncement on the merits of the case, since the matter has only been remanded to the Assessing Authority - HC

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