CSR Donation Eligible for Section 80G Deduction: ITAT Delhi

Kellog Brown and Root Engineering and Construction India Pvt. Ltd. Vs DCIT (ITAT Delhi) ITAT Treats Foreign Exchange Gains as Operating Income Because They Arose From Export Service Realisations;  Transfer Pricing Adjustment Set for Reconsideration Because Forex Gains Were Held Operating in Nature The Income Tax Appellate Tribunal (ITAT), Delhi, partly allowed the assessee’s appeal for Assessment Year 2020-21 against the assessment order passed under Sections 143(3), 144C(13), and 144B of the Income Tax Act, 1961. The appeal challenged a transfer pricing adjustment of ₹4.11 crore, den...