DRP Acted Beyond Jurisdiction; Cannot Create New Source

Kohinoor Foods Ltd. Vs DCIT (ITAT Delhi) DRP Acted Beyond Jurisdiction; Cannot Create New Source – Consistency Wins; ITAT Delhi Upholds Hedging Loss Claim & Rejects Ad-Hoc Stock Additions DRP Acted Beyond Jurisdiction; Cannot Create New Source –  Consistency Wins; ITAT Delhi Upholds Hedging Loss Claim & Rejects Ad-Hoc Stock Additions Kohinoor Foods Ltd., engaged in processing &  trading rice, pulses, &  food products, appealed against multiple additions made by AO & sustained by DRP in relation to forex derivative losses, stock discrepancy, notional interest ...