Tax & ComplianceTaxGuru
Income Tax | BPO Not KPO: ITAT Rejects Comparables, Deletes 14A Disallowance & Treats Forex as Operating Item
4 Sept 2026 · 4 Sept 2026By CA Vijayakumar Shetty
Delhi ITAT treats business forex fluctuation as operating cost, upholds comparable exclusions and deletes Section 14A disallowance where no exempt income arose. The post BPO Not KPO: ITAT Rejects Comparables, Deletes 14A Disallowance & Treats Forex as Operating Item appeared first on TaxGuru .
This article was aggregated from TaxGuru. Continue reading for the complete story.
Read on TaxGuru
