https://www.taxtmi.com/highlights?id=18648 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 en-us Fri, 23 May 2014 10:04:14 +0530 Fri, 23 May 2014 10:04:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=18648 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 Highlights Income Tax Fri, 23 May 2014 10:04:14 +0530 https://www.taxtmi.com/highlights?id=18648