Bank Payment
Direct Tax
Foreign Telecom Payments By Jio Not Royalty or FTS: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed two appeals...
GST
GST Order Against Standard Chartered Bank Passed Without Hearing Set Aside by Bombay High Court
The Bombay High Court has quashed the GST order against Standard Chartered Bank passed...
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Direct Tax
Foreign Telecom Payments By Jio Not Royalty or FTS: ITAT
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed two appeals...
GST
GST Order Against Standard Chartered Bank Passed Without Hearing Set Aside by Bombay High Court
The Bombay High Court has quashed the GST order against Standard Chartered Bank passed...
Other Laws
Bombay High Court Restrains Withdrawal of Bank Funds and Creation of Third-Party Rights Over Attached Assets Pending Adjudication
The Bombay High Court has restrained the withdrawal of bank funds and creation of...
Columns
Invoice and Bank Payment Alone May Not Prove Business Expense; Taxpayers Need Evidence of Actual Goods or Services
Taxpayers claiming substantial expenditure towards subcontracting, freight, consultancy and professional services may need to...