Corporate & professional updates 21ST aug 2018
Corporate & professional updates 21ST aug 2018 Direct Tax : Mumbai ITAT rules that interest income earned by HSBC Bank (Mauritius) Ltd. (‘assessee’) from investments in debt securities made in accordance with the SEBI Regulations during AY 2011-12, not taxable in India, holds that assessee beneficially owns the interest income. therefore grants exemption under Article …