https://www.taxtmi.com/highlights?id=46858 Disallowance of foreign currency exchange loss treating speculative - the hedging of foreign currency was done on the basis of confirmed orders with the customers and past export performance which the bankers have duly verified and thereafter the forward contract were entered before the actual delivery of goods - intended to guard against losses through future price fluctuations - business loss en-us Thu, 30 May 2019 09:57:57 +0530 Thu, 30 May 2019 09:57:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46858 Disallowance of foreign currency exchange loss treating speculative - the hedging of foreign currency was done on the basis of confirmed orders with the customers and past export performance which the bankers have duly verified and thereafter the forward contract were entered before the actual delivery of goods - intended to guard against losses through future price fluctuations - business loss Highlights Income Tax Thu, 30 May 2019 09:57:57 +0530 https://www.taxtmi.com/highlights?id=46858