I-T - Whether forex loss incurred in course of advancing loan to a Mauritius-based subsidary for acquiring another compay in South Africa is to be treated as capital loss - YES: ITAT

I-T - Whether forex loss incurred in course of advancing loan to a Mauritius-based subsidary for acquiring another compay in South Africa is to be treated as capital loss - YES: ITAT COCHIN, JULY 03, 2013: THE issues before the Bench are - Whether in case of short deduction of tax at sour...read more