{"id":54267,"date":"2025-05-17T11:50:43","date_gmt":"2025-05-17T06:20:43","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dcit-v-j-k-techno-soft-ltd-2024-chambers-journal-june-p-116-delhitrib\/"},"modified":"2025-05-17T11:50:43","modified_gmt":"2025-05-17T06:20:43","slug":"dcit-v-j-k-techno-soft-ltd-2024-chambers-journal-june-p-116-delhitrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dcit-v-j-k-techno-soft-ltd-2024-chambers-journal-june-p-116-delhitrib\/","title":{"rendered":"DCIT v. J.K. Techno Soft Ltd (2024) Chamber\u2019s Journal-June-P. 116 (Delhi)(Trib)"},"content":{"rendered":"<p>Held that loss on account of cancellation of forward contracts\u00a0 cannot be termed as speculative in nature as no motive or action in this regard is in existence. (AY. 2009-10)(ITA No. 6160\/ Delhi\/ 2016 dt.30-4-2024)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 43(5) : Speculative transaction-Forward exchange contract-Loss on cancellation is held to be non speculative in nature. <\/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-54267","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-e7h","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54267","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=54267"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54267\/revisions"}],"predecessor-version":[{"id":54268,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54267\/revisions\/54268"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}