Aviva's India arm hit with $7.5 million fine for fake invoice scheme, order shows
Indian authorities have ordered British insurer Aviva's local unit to pay $7.5 million in back taxes and penalties after an ...
Tax Guru14h
Reimbursement of expense at cost not taxable as Fees for Technical Services
ITAT Mumbai held that that reimbursement of expenses at cost is not taxable as fees for technical services since there is no element of income attached to the transaction. Accordingly, revenue’s ...