{"id":48910,"date":"2024-12-16T15:44:29","date_gmt":"2024-12-16T10:14:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/joshi-technologies-international-inc-v-asst-cit-it-2024109-itr-70-ahdtrib-6\/"},"modified":"2024-12-16T15:44:29","modified_gmt":"2024-12-16T10:14:29","slug":"joshi-technologies-international-inc-v-asst-cit-it-2024109-itr-70-ahdtrib-6","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/joshi-technologies-international-inc-v-asst-cit-it-2024109-itr-70-ahdtrib-6\/","title":{"rendered":"Joshi Technologies International Inc. v. Asst. CIT (IT) (2024)109 ITR 70 (Ahd)(Trib)"},"content":{"rendered":"<p>Tribunal held, that the\u00a0\u00a0 Dispute Resolution Panel had given a categorical finding that the assessee had not demonstrated whether the foreign exchange gains on account of restatement of payables for capital assets at the end of the year was realised or unrealised capital gains. Accordingly, the Assessing Officer was to verify whether the foreign exchange gains were realised\u201d or unrealised \u00a0and then allow the claim of the assessee in accordance with law.(AY. 2007-08, 2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 43A : Rate of exchange-Foreign currency-Restatement of payables for capital assets-Matter remanded. <\/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-48910","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-cIS","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48910","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=48910"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48910\/revisions"}],"predecessor-version":[{"id":48911,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/48910\/revisions\/48911"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=48910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=48910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=48910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}