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Direct Taxation
First proviso to sec 48 read with rule 115 A - is this applicable to unlisted securities ?
Mansha Tutlani
CA Final
★ 555
23-Mar-24 19:58
46
Answers (1)
Yes it is applicable. But if they are paying tax @10% then they cannot claim foreign exchange fluctuation benefit.
Shiva Teja
Faculty
25-Mar-24 12:19