Loss on account of settlement of forward contracts allowable even if no actual payment was made
INCOME TAX : Loss on account of settlement of forward contracts for purchase of plant and machinery was allowable even in a case where payment was not actually made by assessee
from https://bit.ly/2W4oc9k Latest Case Laws https://bit.ly/38vP73L
from https://bit.ly/2W4oc9k Latest Case Laws https://bit.ly/38vP73L
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