Customs valuation of used garments requires comparability proof, while restricted imports without a licence justify proportionate confiscation and pen...
The foreign exchange loss incurred by the assessee on account of entering into forward contracts with the banks for the purpose of hedging the loss in connection with his import/export business of diamonds cannot be held to be a speculative loss - AT
The foreign exchange loss incurred by the assessee on account of entering into forward contracts with the banks for the purpose of hedging the loss in connection with his import/export business of diamonds cannot be held to be a speculative loss - AT
Note: It is a system-generated summary and is for quick reference only.
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