{"id":25566,"date":"2022-03-17T13:05:28","date_gmt":"2022-03-17T07:35:28","guid":{"rendered":"https:\/\/itatonline.org\/digest\/kec-international-ltd-v-dy-cit-2021-88-itr-246-mum-trib\/"},"modified":"2022-03-17T13:05:28","modified_gmt":"2022-03-17T07:35:28","slug":"kec-international-ltd-v-dy-cit-2021-88-itr-246-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/kec-international-ltd-v-dy-cit-2021-88-itr-246-mum-trib\/","title":{"rendered":"KEC International Ltd. v. Dy. CIT (2021) 88 ITR 246 (Mum.)(Trib.)"},"content":{"rendered":"<p>Held that\u00a0 Marked-to-market losses on hedging contracts. Allowable as deduction.\u00a0 Tribunal admitted additional grounds. (AY. 2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 28 (i) : Business loss-Foreign exchange losses-Marked-to-market losses on hedging contracts-Allowable as deduction-Tribunal admitted additional grounds.  [S. 37(1)]  <\/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-25566","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-6Em","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25566","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=25566"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25566\/revisions"}],"predecessor-version":[{"id":25567,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/25566\/revisions\/25567"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=25566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=25566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=25566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}