Disallows MTM loss on forex forward contract cover, distinguishes Woodward Governor ruling
Conclusion
Delhi ITAT disallows assessee’s claim for deduction on account of marked to market (MTM) losses on foreign exchange forward contract for hedging export receivables from related e...
Already a Subscriber?
Log in for complete access.
Log InQueries?
Contact Kalpana J at +91 98200 47188
Email - sales@taxsutra.com