Associated Forex Services Ltd. And ... vs Gopal Chakraverty And Ors on 17 July, 2025
Author: Manoj Kumar Ohri
Bench: Manoj Kumar Ohri ... 12219/2023 & CM APPL. 48005/2023
M/S ASSOCIATED FOREX SERVICES LTD. AND
ORS. .....Petitioners
Through: Ms. Anita Sahri, Advocate.
versus
GOPAL CHAKRAVERTY
Associated Forex Services Ltd. And ... vs Gopal Chakraverty And Ors on 13 October, 2025
Author: Amit Sharma
Bench: Amit Sharma
$~61
* IN THE HIGH COURT ... 12219/2023& CM APPL. 48005/2023
M/S ASSOCIATED FOREX
SERVICES LTD. AND ORS. .....Petitioners
Through: Ms. Anita Sahani, Adv.
versus
GOPAL CHAKRAVERTY
Associated Forex Services Limited,New ... vs Income Tax Officer, Ward 3(3), New ... on 29 August, 2025
ITA No.1699/Del/2025
IN THE INCOME ... 1699/Del/2025
िनधारणवष/Assessment Year:2010-11
ASSOCIATED FOREX SERVICES LIMITED, बनाम Income Tax Officer,
B-214, C.R. Park, New Delhi. Vs. Ward
Axis Bank Limited vs The Assistant Commissioner Of Income ... on 18 March, 2025
Author: Bhargav
towards realised forex loss out of
the total forex loss of Rs.55,13,210/- (In effect unrealised forex loss ... cost of
import purchases from appellant's associated enterprise and disallowing unrealised
forex fluctuation amounted Rs.4,12,270/-. Total income of the appellant
that realised forex loss incurred by the
ITA No.3356/Bang/2018
Page 7 of 18
appellant and reimbursed by the associated enterprises is merely
sent directly to M/s Ranjan Money Corp and M/s
KDS Forex Pvt. Ltd, the details of the which are available on
record. Further ... Forex Pvt. Ltd. both shell companies controlled by Mr.
Rohit Vij and his employee/ close associate Mr. Navneet
Kaushik, who got the money converted into
GURUGRAM,
HARYANA-122001.
(5) DINESH KUMAR (NOT SUMMONED)
DIRECTOR
M/S INSIGHTFUL ASSOCIATES PVT. LTD.
502, FIFTH FLOOR, SPAZE, PLATINUM POWER,
SECTOR -47, SOHNA ROAD ... license of dealing in Forex as he deals
in gold.
CC NO.6710/2023 Mehar Chand Tanwar Vs. Insightful Associates & Ors. PAGE
abroad for more than six months on work permit (‘eligible
passengers’). Their associates in Singapore would handover parcels
containing gold jewellery to the eligible passengers ... associates systematically, and several times in the past as
well. The Department had submitted that identical transactions involving
gold and Forex had taken place
accepting the contention and discusses the
issue in the light of forex derivatives and provides the rules and accounting standard requirements
and the CBDT instruction ... case citations which are totally different from the initial discussion
on forex derivate and CBDT instructions related to it. It appears that
