Taxability of Interest paid by the branch (PE) in India to its ...

Indian Branch Can Deduct Interest Paid to Foreign Parent Bank; Interest Income Not Taxed in India.

August 16, 2018

Case Laws Income Tax AT

Taxability of Interest paid by the branch (PE) in India to its parent foreign bank in Japan - Deduction of interest so paid as expenditure - the interest income received by the head office of the assessee bank would not be chargeable to tax in India - Allowed as deduction in the hands of branch as business expenditure.

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Taxability of Interest paid by the branch (PE) in India to its ...

Indian Branch Can Deduct Interest Paid to Foreign Parent Bank; Interest Income Not Taxed in India.

August 16, 2018

Case Laws Income Tax AT

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