{"id":23182,"date":"2021-12-21T16:44:26","date_gmt":"2021-12-21T11:14:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/hsbc-electronic-data-processing-india-p-ltd-v-acit-2021-189-itd-312-hyd-trib\/"},"modified":"2021-12-21T16:44:26","modified_gmt":"2021-12-21T11:14:26","slug":"hsbc-electronic-data-processing-india-p-ltd-v-acit-2021-189-itd-312-hyd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/hsbc-electronic-data-processing-india-p-ltd-v-acit-2021-189-itd-312-hyd-trib\/","title":{"rendered":"HSBC Electronic Data Processing India (P.) Ltd. v. ACIT (2021) 189 ITD 312 (Hyd.)(Trib.)"},"content":{"rendered":"<p>Tribunal held that loss on account of foreign exchange difference is allowable as deduction. Referred CBDT Instruction No. 3 of 2010 dt. 23-3-2010.\u00a0 (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure-Foreign exchange loss-Hedging-Mark to market on foreign exchange forwards-Allowable as business loss. [S. 28(i)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-23182","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-61U","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=23182"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23182\/revisions"}],"predecessor-version":[{"id":23183,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/23182\/revisions\/23183"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=23182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=23182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=23182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}