Disallowance being the amount of exchange fluctuation loss ...

Case Laws Income Tax

November 24, 2020

Disallowance being the amount of exchange fluctuation loss provided at the year end on business advance received in foreign exchange - the exchange fluctuation loss arising on account of the revaluation of business advances on the close of the year by the assessee is allowable as deduction in the hands of the assessee - AT

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Disallowance being the amount of exchange fluctuation loss ...

Case Laws Income Tax

November 24, 2020

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