Expert Analysis: How Recent Income Tax Cases Are Shaping the Future of Taxation



Uttam Galva Steels Limited v. Deputy Commissioner of Income Tax TS-482-ITAT-2024(Mum) Facts of the Case Issue: Case involved dispute regarding disallowance of claim for deduction of foreign exchange fluctuation loss u/s. 43A of IT Act. Background: Uttam Galva Steels Limited had capitalized some f
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About the Author

Chartered Accountant

Partner at Chetan Agarwal amp; co. which is is a well-established legal practice founded in 2000. With a strong focus on client satisfaction and maintaining long-term relationships, we provide a wide range of legal services including direct tax, indirect tax, company law. Our team of experienced professionals, led by p ... Read more


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