Loss on account of premium paid to banks in order to be secure against Forex fluctuations isn't speculation loss

IT: Where assessee having taken loan from its related concern located abroad, entered into hedging contracts with two banks in order to secure itself against loss on fluctuation in foreign currency rate and both banks undertook to pay interest at fixed rate of 1.7 per cent on loan amount to creditor in lieu of this, and both banks charged a fixed amount determined on basis of interest and premium for hedging risk, provisions of section 43(5) were not applicable and, thus,

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