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![Loss due to Currency Fluctuation is Capital Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Business-Loss-Taxscan.jpg "Loss due to Currency Fluctuation is Capital Loss: ITAT [Read Order]")
Loss due to Currency Fluctuation is Capital Loss: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that loss caused due to currency fluctuation on the conversion of USD (US Dollar) into Swiss Franc is a...