Tax credit benifit
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 November 2011
Is it applicable to avail the credit(Any Tax Benifit) of loss occured due to foreign fluctuation ?
24 November 2011
there is no dispute on actual forex losses, howver issue may arise on notional loss for e.g reistatement of forex account on 31March. Any loss thereof may be disallowed,
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 November 2011
Thanks For Your Reply Sir.
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