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Case Law Details

Case Name : Citicorp Banking Corporation, Baharain Vs. Addl. Director of Income Tax (ITAT Mumbai)
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The Mumbai bench of the Income-tax Appellate Tribunal, (“Tribunal”) in a ruling’ in the case of Citicorp Banking Corporation, Baharain Vs. Addl. Director of Income Tax (I.T.)-Range 1-[2011-T11-40-1TAT-MUM-INTL], held that losses arising on cancellation of foreign exchange forward co

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