Whether Fluctuations In Foreign Exchange Considered As Capital Receipt

FCS Deepak Pratap Singh , Last updated: 01 November 2021  
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INCOME TAX QUESTIONS ANSWERS SERIES PART-XIX Whether foreign exchange gain will be considered as Capital gain in case business of company has not commenced Section involved -Charing Section 4, Section 28(i) and Section 263 of the Income Tax Act,1961 QUESTION:- Assessee-company was constitu

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Income Tax   Report

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