https://www.taxtmi.com/circulars?id=5122 The branch of a foreign concern in India is a separate entity for tax purposes; interest paid or payable by that branch to its head office or any overseas branch is liable to tax in India, subject to any lower rate under an applicable double taxation avoidance agreement, and tax must be withheld on such remittances in accordance with provisions relating to tax deduction at source. en-us Wed, 17 Apr 1996 00:00:00 +0530 Sat, 09 Aug 2008 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5122 The branch of a foreign concern in India is a separate entity for tax purposes; interest paid or payable by that branch to its head office or any overseas branch is liable to tax in India, subject to any lower rate under an applicable double taxation avoidance agreement, and tax must be withheld on such remittances in accordance with provisions relating to tax deduction at source. Circulars Income Tax Wed, 17 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5122