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Mark to Market loss on forward and further contracts are not contingent in nature

ITAT Delhi held that ‘mark to market’ loss on future and forward contracts are not notional loss of contingent nature. Accordingly, foreign exchange fluctuation loss as claimed by the assessee allowed.

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Income Tax Assessment Order Deemed Invalid as DIN not mentioned

Explore the case of Brandix Mauritius Holdings Ltd vs DCIT, where a missing Document Identification Number (DIN) led to the invalidation of an income tax assessment order

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Assessment order passed u/s 143(3) beyond time limit prescribed u/s 153 is time barred

ITAT Mumbai held that assessment order passed u/s 143(3) beyond time limit prescribed under section 153 of the Income Tax Act is time barred and bad in law.

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Assessment framed on the basis of mere base note is unsustainable

Pratap Joisher Vs ACIT (ITAT Mumbai) ITAT Mumbai held that assessment framed on the basis of ‘base note’ without preferring to collect evidence based on ‘

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Mort d Yves Rénier : pourquoi la fin de la série Commissaire Moulin lui a laissé un goût amer ? : Femme Actuelle Le MAG

Mort d Yves Rénier : pourquoi la fin de la série Commissaire Moulin lui a laissé un goût amer ? : Femme Actuelle Le MAG
femmeactuelle.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from femmeactuelle.fr Daily Mail and Mail on Sunday newspapers.

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