Taxability of Interest paid by the branch (PE) in India to its parent foreign bank in Japan - Deduction...

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. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X