Tax credit benifit

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 November 2011 Is it applicable to avail the credit(Any Tax Benifit) of loss occured due to foreign fluctuation ?
Profile Image

chandan

Profile Image

chandan (Expert)
24 November 2011 there is no dispute on actual forex losses, howver issue may arise on notional loss for e.g reistatement of forex account on 31March. Any loss thereof may be disallowed,
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 November 2011 Thanks For Your Reply Sir.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links