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Compliance for currency hedging

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(Querist)
17 December 2021 What are various compliance and under IT act and Companies act in connection with if any company is engaged currency forward hedging with a bank to minimize foreign currency risk?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
18 December 2021 No compliance required for such hedging under both the Acts except disclosure in the financial statements.

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