Hi friends ,
One of my clients Invested in Equity shares of a foreign company @ 1$/Share and after four years disposed the same at 1$/share .the gain or loss that arised is only because of forex difference . my doubt is to whether to treat such forex difference as capital gain or not ...?
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
