Income deemed to accrue or arise in India - “If Interest is payable by” - Section 9(1)(v)

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Full Text of the Document

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....e the interest is payable in respect of any debt incurred, or moneys borrowed and used, for the purposes of a business or profession carried on by such person outside India or * for the purposes of making or earning any income from any source outside India; or * a person who is a non-resident, where the interest is payable in respect of any debt incurred, or moneys borrowed and used, for the p....