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SBI Secures Major Victory at Mumbai ITAT on Pension Liability and NPA Real Income
Mumbai ITAT rules in favor of SBI, allowing actuarial pension provision as an accrued liability and rejecting retrospective Safe Harbour Rules.
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Global Overhead Charges Not Taxable as Fees for Included Services: Mumbai ITAT
In a notable tax jurisprudence development, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that global overhead charges do not qualify as Fees for Included Services…