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Income Tax | Foreign Banks Cannot Claim Domestic Tax Rates Under Non-Discrimination Clause: Calcutta HC

15 Oct 2026 · 2d agoBy CA Sandeep KanoiSource: TaxGuru

Calcutta HC allows ATM depreciation and vehicle lease rentals but upholds foreign-bank tax rates, interest disallowance and branch interest taxation. The post Foreign Banks Cannot Claim Domestic Tax Rates Under Non-Discrimination Clause: Calcutta HC appeared first on TaxGuru .

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Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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