https://www.taxtmi.com/forum/issue?id=1008 Entitlement to deduct foreign exchange gains depends on which export-linked deduction is invoked and whether that statutory provision remains in force; one advisory note indicates the exemption for newly established undertakings was available up to the relevant assessment period while the export profit deduction was withdrawn, so taxpayers must verify statutory applicability and consult authorities before claiming the deduction. en-us Wed, 21 Jan 2009 20:08:06 +0530 Thu, 23 Jan 2025 15:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1008 Entitlement to deduct foreign exchange gains depends on which export-linked deduction is invoked and whether that statutory provision remains in force; one advisory note indicates the exemption for newly established undertakings was available up to the relevant assessment period while the export profit deduction was withdrawn, so taxpayers must verify statutory applicability and consult authorities before claiming the deduction. Discussion-Forum Income Tax Wed, 21 Jan 2009 20:08:06 +0530 https://www.taxtmi.com/forum/issue?id=1008