https://www.taxtmi.com/caselaws?id=406365 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s deletion of additions related to SWAP loss and provision for gratuity. The ITAT emphasized adherence to consistent accounting practices and judicial precedents, including Supreme Court rulings, over CBDT instructions. The order was pronounced on 17/03/2021 at Ahmedabad. en-us Wed, 17 Mar 2021 00:00:00 +0530 Tue, 13 Apr 2021 08:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406365 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s deletion of additions related to SWAP loss and provision for gratuity. The ITAT emphasized adherence to consistent accounting practices and judicial precedents, including Supreme Court rulings, over CBDT instructions. The order was pronounced on 17/03/2021 at Ahmedabad. Case-Laws Income Tax Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406365