{"id":2779,"date":"2018-11-01T12:58:16","date_gmt":"2018-11-01T12:58:16","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cobra-instalaciones-y-servicios-sa-v-dcit-2018-65-itr-714-172-itd-18-delhi-trib\/"},"modified":"2019-04-20T13:56:04","modified_gmt":"2019-04-20T13:56:04","slug":"cobra-instalaciones-y-servicios-sa-v-dcit-2018-65-itr-714-172-itd-18-delhi-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cobra-instalaciones-y-servicios-sa-v-dcit-2018-65-itr-714-172-itd-18-delhi-trib\/","title":{"rendered":"Cobra Instalaciones Y Servicios SA   v. DCIT  (2018) 65 ITR  714  \/  172 ITD 18\/ 171 DTR 198 \/ 195 TTJ 1038(Delhi)   (Trib.)"},"content":{"rendered":"<p>Spanish company, advanced loan to its Indian Permanent Establishment\u00a0 \u00a0in foreign currency for execution of project in India, which incurred foreign exchange fluctuation loss on account of differential value in INR, such fluctuation loss was allowable as deduction in hands of Indian \u00a0Permanent Establishment.( AY.2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 37(1) : Business expenditure \u2013 Foreign exchange fluctuation loss- Advance of loan to Indian Permanent Establishment \u2013 loss is allowable as deduction \u2013 DTAA- India -Spain [S.9(1)(i), art .7 ]<\/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":[1],"tags":[],"class_list":["post-2779","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-IP","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2779","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=2779"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2779\/revisions"}],"predecessor-version":[{"id":5006,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2779\/revisions\/5006"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}