Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Levy of service tax on services received from foreign bank - The Tribunal determined that the appellant was not receiving any direct services from the foreign banks that warranted taxation. The banks provided services to other banks within India, which then interacted with the appellant. Any fees deducted by foreign banks were seen as inter-bank transactions, not services provided to the appellant. The Tribunal set aside the impugned orders and allowed the appeals of the appellant.
Levy of service tax on services received from foreign bank - The Tribunal determined that the appellant was not receiving any direct services from the foreign banks that warranted taxation. The banks provided services to other banks within India, which then interacted with the appellant. Any fees deducted by foreign banks were seen as inter-bank transactions, not services provided to the appellant. The Tribunal set aside the impugned orders and allowed the appeals of the appellant.
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