Mark to Market Loss from Forex Fluctuations Allowed; DRP Directions Binding on Assessing Officer Under IT Act Section 144C(10).

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....Disallowance of foreign exchange fluctuation loss - mark to market loss - There is hardly any quarrel on such DRP’s directions are binding on an Assessing Officer u/s 144C(10) - the assessee’s impugned mark to market loss incurred on foreign exchange fluctuation to be allowable.....