TMI BlogInterest payable on FCCBs - Liability to TDS u/s 196C r.w.s. 115AC - the money borrowed was utilized for...Interest payable on FCCBs - Liability to TDS u/s 196C r.w.s. 115AC - the money borrowed was utilized for the oversees business - cannot be said to have accrued or arisen in India - No TDS liability - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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