Applicability of Withholding tax

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..... 1. A Indian Bank A arrange buyers credit for a Indian company B through its overseas branch. My question as follows: Whether withholding tax is applicable on interest payment by B to overseas br .....

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..... anch of Indian Bank on maturity of buyers credit? 2. A Indian Bank A arranges buyers credit for a Indian company B through overseas branch of a foreign bank My question as follows: Whether withhol .....

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..... ding tax is applicable on interest payment by B to overseas branch of foreign Bank on maturity of buyers credit? - Reply By Rama Krishana - The Reply = I believe you question is not so simple. It i .....

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..... s highly dependent on determination of one question that whether such interest payable on maturity of credit is taxable in India. A detailed brainstorming is required. - Reply By Anuj Gupta - The Repl .....

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..... y = The answer of first query is NO and for the second query is YES. - Applicability of Withholding tax - Query Started By: - ANCHAL RASTOGI Dated:- 3-12-2009 Income Tax - Got 2 Replies - Income Tax .....

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..... - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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