Begin typing your search above and press return to search.
![Relief to PwC: ITAT deletes disallowance of Loss arising from Foreign Exchange Fluctuation on Foreign Currency Hedging Contracts [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/PwC-ITAT-Foreign-Exchange-Fluctuation-Foreign-Currency-Hedging-Contracts-Taxscan.jpg "Relief to PwC: ITAT deletes disallowance of Loss arising from Foreign Exchange Fluctuation on Foreign Currency Hedging Contracts [Read Order]")
Relief to PwC: ITAT deletes disallowance of Loss arising from Foreign Exchange Fluctuation on Foreign Currency Hedging Contracts [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench while granting the relief to PwC deleted disallowance of loss arising from foreign exchange...
![CBDT extends deadline for various Income Tax Compliances due to COVID-19 Pandemic [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/CBDT-extends-deadline-Income-Tax-Compliances-COVID-19-Pandemic-taxscan.jpeg "CBDT extends deadline for various Income Tax Compliances due to COVID-19 Pandemic [Read Circular]")
ICAI relaxes procedure followed for grant of Medical Financial Assistance Chartered Accountants and their dependents
The Institute of Chartered Accountants of India (ICAI) has announced that the Managing Committee of the Chartered Accountants ’ Benevolent Fund (CABF) has decided to relax certain aspects of the...
Land contributed to Firm was withdrawn by Partners during Retirement can't be treated as Settlement of Accounts on Retirement: ITAT
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench ruled that Land contributed to the Firm was withdrawn by Partners during Retirement, can not be treated as settlement of accounts on...
Earnest Money was Forfeited on Cancellation of Land Purchase resulting into Business Loss: ITAT deletes disallowance of Commission
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench allowed the Business Loss in respect of loss on purchase of land or earnest money paid. The assessee, M/s. K.B. Developers is a partnership...
![Managing Director cant be liable for Unaccounted Income of the Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Managing-Director-Unaccounted-Income-of-the-Company-ITAT-Taxscan.jpg "Managing Director cant be liable for Unaccounted Income of the Company: ITAT [Read Order]")
![PCIT cant assume Jurisdiction u/s 263 when AO has made Sufficient Enquiry: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Assessment.jpg "PCIT cant assume Jurisdiction u/s 263 when AO has made Sufficient Enquiry: ITAT [Read Order]")