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Gain From Foreign Exchange Fluctuations Can t Be Claimed As Deduction Under S 80 HHC Income Tax Act : Supreme Court

Recently, the Supreme Court (on November 21), while interpreting Section 80 HHC of the Income Tax Act, held that the profit from exchange fluctuation is independent of export earnings. Pertinently,.

Observations of the supreme courtSupreme court onSupreme courtExchange earners foreign currencyHigh courtIncome tax actAssessing officerReserve bankLord simondsIncome taxIncome tax actOreign exchange fluctuationEction 80hhc

Indian exporters hold off dollar sales eyeing better returns

Rupee hit a record low the next day and is expected to decline further to about 84.50

Kunal kuraniAbhishek goenkaExchange earners foreign currencyReserve bankMecklai financial

RBI moves to ease overseas direct investment regulations under FEMA

RBI moves to ease overseas direct investment regulations under FEMA
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Navratna psusExchange earners foreign currencyInternational organisation of securities commissionForeign exchange management overseas investment regulationsFinancial action taskInternational financial services centreForeign exchange management actForeign exchange managementTechnology fundReserve bankForeign exchangeNon debt instrumentsOverseas investmentSpecial mentionIndian rupeeFinancial action task force
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