TMI BlogExternal Currency BorrowingX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, Our company is having ECB (external currency borrowings) from Japan. What is the overall compliance required for ECB loan. Further we have made currency swap with bank for securing mov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ement in USD. So Interest rate and principal amount is fixed in INR terms. ( How accounting will be made for extra interest paid in INR.) We have taken this loan for a project, whether Interest can ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be capitalized in that project. Project is final to be set up but still No land and machinery is purchased. travelling is being done for ensuring all the facilities and negotiation is going on for p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urchasing land and other things. What is treatment:- Companies act, Income tax act, RBI Kindly calrify. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Detailed analysis is to be done in y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... our case. Better consult the consultant. - External Currency Borrowing - Query Started By: - DEV BHUSHAN JAIN Dated:- 10-1-2013 FEMA - Foreign Exchange Management - Got 1 Reply - FEMA - Discussion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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