https://www.taxtmi.com/caselaws?id=306861 The High Court of Bombay dismissed two Appeals challenging the taxability of data processing fees paid by an Indian branch to a foreign branch of an Assessee bank for Assessment Years 2008-09 and 2009-10. The Court upheld its previous decision for the Assessment Year 2006-07, ruling that the payments were reimbursement of expenses and not taxable income in India. The Appeals were dismissed as the Revenue failed to show any factual or legal distinctions from the earlier case, concluding that the issue did not present a substantial question of law. en-us Tue, 27 Aug 2019 00:00:00 +0530 Thu, 02 Mar 2023 20:59:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306861 The High Court of Bombay dismissed two Appeals challenging the taxability of data processing fees paid by an Indian branch to a foreign branch of an Assessee bank for Assessment Years 2008-09 and 2009-10. The Court upheld its previous decision for the Assessment Year 2006-07, ruling that the payments were reimbursement of expenses and not taxable income in India. The Appeals were dismissed as the Revenue failed to show any factual or legal distinctions from the earlier case, concluding that the issue did not present a substantial question of law. Case-Laws Income Tax Tue, 27 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306861