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![No Deduction for Interest Paid on FCCD under Tonnage Tax Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Tax-Scheme-FCCD-Deduction-Foreign-Currency-Convertible-Debentures-taxscan.jpg "No Deduction for Interest Paid on FCCD under Tonnage Tax Scheme: ITAT [Read Order]")
No Deduction for Interest Paid on FCCD under Tonnage Tax Scheme: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has ruled against the deduction of interest paid on Foreign Currency Convertible...
![Appellate Tribunal can direct the AO to accept a new Claim for Deduction: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Assessing-officer-Tax-Scan.jpg "Appellate Tribunal can direct the AO to accept a new Claim for Deduction: ITAT Kolkata [Read Order]")
![Income Tax Commissioner can allow a fresh claim for deduction without a revised return u/s 264 of the Income Tax Act: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Kerala-High-Court-Tax-Scan.jpg "Income Tax Commissioner can allow a fresh claim for deduction without a revised return u/s 264 of the Income Tax Act: Kerala HC [Read Judgment]")