https://www.taxtmi.com/circulars?id=4791 Debts, secured or unsecured, are located in India if they are contracted to be repaid in India or if the debtor is residing in India; a stipulation requiring payment in a country other than the debtor's residence does not alter that rule. en-us Fri, 24 Aug 1984 00:00:00 +0530 Sat, 02 Aug 2008 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4791 Debts, secured or unsecured, are located in India if they are contracted to be repaid in India or if the debtor is residing in India; a stipulation requiring payment in a country other than the debtor's residence does not alter that rule. Circulars Income Tax Fri, 24 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4791