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Allowability of Exchange Loss

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(Querist)
17 September 2008 whether loss arising on account of fori exchange transacions is alloabl..??
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Jitender

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Jitender (Expert)
17 September 2008 yes.
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Tharish V

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Tharish V (Querist)
18 September 2008 is there any specific provision for that...
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
04 April 2012 Allowed u/s 37.

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