The Mumbai bench of India's Income Tax Appellate Tribunal (ITAT) issued an order on 6 February 2025 concerning the deduction of head office expenses under the 1992 India-UAE tax treaty, prior to its amendment by a 2007 protocol. The case involved Mashreq Bank, a UAE-based private bank, which had two branches in India. The Bank sought to fully deduct head office expenses for the 2002–2003 assess…