Relief to Bank of Nova Scotia: Payment of Salary Expatriate Employees paid by Head office is an allowable Expenditure [Read Order]

Payment of salary Expatriate employees paid by Headoffice is an allowable expenditure

By Aiswarya Krishnadas - On April 2, 2024 3:30 pm - 2 mins read

Relief to Bank - Nova Scotia - Payment of Salary Expatriate Employees - Head office - Expenditure - taxscan

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) granted relief to Bank of Nova Scotia, ruling that the payment of salary to expatriate employees by the head office constitutes allowable expenditure. During the course of assessment the assessing officer noticed that the assessee has claimed deduction for salary paid to expatriate…

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