Question

Section 70-79 of income tax act deals with​

Answer 1

Answer:

Section 79 — Foreign currency: computation of income and chargeable gains. Section 79A — Matching of relevant foreign currency assets with foreign currency liabilities. Section 79B — Matching of foreign currency assets with certain foreign currency share capital.

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Answer 2

Answer:

Section 70-79 of income tax act deals with​-----.

Solution:

Section 70 to Section 80 deals with the treatment of losses under Income Tax Act, 1961.

Hence, Section 70-79 of income tax act deals with​ the treatment of losses.