https://www.taxtmi.com/highlights?id=32800 Loss on Forward Contracts in foreign exchange - such transactions were carried out in the normal course of business to guard against the fluctuation in foreign exchange such transactions are in nature of hedging transactions, loss on which is genuinely business loss - claim of loss allowed - AT en-us Wed, 11 Jan 2017 07:26:05 +0530 Wed, 11 Jan 2017 07:26:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32800 Loss on Forward Contracts in foreign exchange - such transactions were carried out in the normal course of business to guard against the fluctuation in foreign exchange such transactions are in nature of hedging transactions, loss on which is genuinely business loss - claim of loss allowed - AT Highlights Income Tax Wed, 11 Jan 2017 07:26:05 +0530 https://www.taxtmi.com/highlights?id=32800