https://www.taxtmi.com/circulars?id=9917 Applications for foreign loan agreements and approval of interest rates under section 10(15)(iv)(c) are filed with the administrative Ministry, which processes loan approvals in consultation with the Department of Economic Affairs and issues loan agreement approval, but refers its recommendations on the rate of interest to the Foreign Tax Division of the Department of Revenue, which will issue the rate approval; the procedure is effective from 1 September 1991, pending applications will be transferred, and prior approvals remain valid. en-us Wed, 07 Aug 1991 00:00:00 +0530 Thu, 09 Jun 2011 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9917 Applications for foreign loan agreements and approval of interest rates under section 10(15)(iv)(c) are filed with the administrative Ministry, which processes loan approvals in consultation with the Department of Economic Affairs and issues loan agreement approval, but refers its recommendations on the rate of interest to the Foreign Tax Division of the Department of Revenue, which will issue the rate approval; the procedure is effective from 1 September 1991, pending applications will be transferred, and prior approvals remain valid. Circulars Income Tax Wed, 07 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9917