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Income Tax - Highlights / Catch Notes

Home Highlights March 2015 Year 2015 This

Determination of arms' length rate of interest - PLR rates ...

Income Tax

March 31, 2015

Determination of arms' length rate of interest - PLR rates are not applicable to loans to be re-paid in foreign currency. The interest rates vary and are thus dependent on the foreign currency in which the repayment is to be made - HC

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