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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Interest paid to the head office of the assessee bank as well as ...


Interest Paid by Indian Branch to Head Office Not Taxable in India Due to Self-Payment Nature.

August 13, 2012

Case Laws     Income Tax     AT

Interest paid to the head office of the assessee bank as well as its overseas branches by the Indian branch cannot be taxed in India being payment to self - AT

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