Articles by Ajay Agrawal
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Hedging Loss on FC Forward Contract not Speculation Loss
Ajay Agrawal 17 June 2013 at 11:58TAX FLASH: CIT v Friends And Friends Shipping Pvt Ltd. - Gujarat High Court S. 43(5): Loss on foreign currency forward contracts by a manufacturer/ exporter is a hedging loss and not a speculation loss FACTS OF T
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