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Forward contracts for hedging in forex wasn’t speculative when it was made in normal course of business
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Corporate Tax
Forward contracts for hedging in forex wasn’t speculative when it was made in normal course of business
Posted on
on
January 10, 2017
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Corporate Tax
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HC dismissed writ as assessee had already filed appeal against transfer order under sec. 127
No penalty under sec. 271F if there is reasonable cause for belated filing of return in search cases
