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HSBC Not Liable To Deduct TDS On Nostro Account Maintenance Charges: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the assessee, HSBC, was not under obligation to withhold tax from Nostro Account Maintenance Charges in terms of Section 195.

HDFC Bank Says RBI Has Approved Appointment of Deputy MD, Executive Director For 3 Years

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